Abhijit Surya
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Japan wholesale inflation accelerates to fastest in 3 years as energy costs spike
Japan wholesale inflation accelerates to fastest in 3 years as energy costs spike TOKYO, June 10 : Japan's wholesale inflation accelerated in May at the fastest pace in three years as price pressures from the Middle East war broadened, data showed on Wednesday, adding to the case for further interest rate hikes by the central bank. The Bank of Japan meets next week and is expected to deliver its first interest rate hike since December to cope with mounting inflationary pressures from a weak...