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Tokyo CPI Rose higher than expected in 40 Years

Updated: Jan 11, 2023

The Tokyo consumer price index (aka CPI) rose more than estimated in December to reach a 40-year high.

This staggering increase was driven by the nation's struggle to source raw material costs and a weakened Yen. In addition, the high commodity prices such as energy have worsened the situation as data from the central bank of Japan show a massive surge in inflation which surpassed all rates since 40 years ago.


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