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Bank of Japan warns rising food costs could alter inflation expectations and affect lives.
Bank of Japan (BOJ) Governor Kazuo Ueda stated that rising food prices, particularly for fresh items, could alter inflation expectations and negatively impact people's lives.
The Consumer Price Index (CPI) rose 3.6% in December, largely due to increases in fresh vegetables and rice costs.
The BOJ will consider these risks when making monetary policy decisions and will review its bond-taper plan in June.
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El Banco de Japón advierte que el aumento de los costos de los alimentos podría alterar las expectativas de inflación y afectar vidas.