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flag Japan's consumer inflation drops to 2.5%, but food prices surge and industrial output falls.

flag Tokyo's consumer inflation eased to 2.5% in August, down from 2.9% in July, thanks to government utility subsidies. flag Electricity and gas prices fell 6.5% and 6% respectively, but food prices rose 7.4%, with rice prices up 67.9%. flag Japan's industrial output fell 1.6% in July due to US tariffs, and retail sales rose only 0.3%, indicating rising living costs are hurting consumer spending. flag Despite this, the jobless rate hit a multi-year low of 2.3%. flag The Bank of Japan will consider these factors at its September meeting.

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