Moody's: Japan's core inflation growth rate in March may remain unchanged from February.
In a report, Moody's Analytics stated that Japan's core consumer prices are expected to rise by 1.6% year-on-year in March, unchanged from February. The agency stated that inflation slowed in the first quarter, partially due to the government reinstating support for household energy bills and partially due to easing broader price pressures. However, the agency also mentioned that with the Middle East conflict driving up commodity prices significantly, consumer price inflation is expected to accelerate again starting in April. This inflation data will be released on Friday.
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