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flag Japan's wholesale inflation rose 2.7% in October, led by food and raw materials, despite falling import prices.

flag Japan's wholesale prices rose 2.7% year-on-year in October, exceeding forecasts, driven by persistent food inflation, especially for rice and non-ferrous metals, according to Bank of Japan data. flag The corporate goods price index, a key inflation indicator, slowed slightly from September's 2.8% but remained elevated. flag While import prices fell 1.5% on a yearly basis, rising costs for agricultural goods and raw materials sustained pressure. flag Analysts expect moderation in coming months if Prime Minister Sanae Takaichi’s proposed utility bill reductions take effect. flag The Bank of Japan, which raised rates to 0.5% in January, remains cautious, emphasizing that sustained inflation should stem from domestic demand, not external cost pressures.

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