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المشهد العربي
Tokyo inflation accelerates due to price pressures
Tokyo experienced an increase in the annual core inflation rate during June, which reached 1.6% compared to 1.3% in May, influenced by price pressures resulting from the Middle East crisis. However, the index remained below the Bank of Japan's target of 2%. Additionally, the inflation indicator excluding fresh food and fuel rose to 1.9%, potentially supporting prospects for the Bank of Japan to raise interest rates in order to address rising living costs.
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