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Breaking – Japan inflation hits four-decade high of 3.6% in Oct

Japan inflation hits four-decade high of 3.6% in October

Japan’s core consumer prices rose 3.6 percent on-year in October, the government said Friday, the highest level in four decades due largely to rising energy costs and a weak yen.

The data, which excludes volatile fresh food prices, showed inflation at the highest rate since 1982.

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