Japan's wholesale inflation jumps to 3.7%, pressures Bank of Japan to raise interest rates.

Japan's wholesale inflation rose to 3.7% in November, higher than expected, driven by increased costs in food, metals, and plastics. This third consecutive monthly increase signals pressure on companies to raise prices, potentially leading to higher consumer costs. Some experts predict this may push the Bank of Japan to raise interest rates further at their December meeting, complicating their economic recovery goals.

3 months ago
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