Japan's Core Inflation Picks Up in May, Complicating BOJ's Policy Steering
TOKYO—Japan's core consumer inflation picked up pace in May, but that may not induce any imminent action by the Bank of Japan as it waits to see how trade talks play out.
Core consumer prices excluding fresh food rose 3.7% in May from a year earlier, compared with April's 3.5% increase and the 3.6% growth expected in a poll of economists by data provider Quick.
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