News › Markets  ·  28 Aug 2026, 10:55 AM IST  ·  4 days ago

Global Market: Tokyo core inflation accelerates, strengthening case for September BOJ rate hike

Bias: Neutral 0

In one line — Tokyo’s core inflation accelerated for a third straight month in August, strengthening expectations that the Bank of Japan could raise interest rates in September. Core CPI rose 1.8% year-on-year, slightly above forecast

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Source: Economic Times · AI-summarised by Anadi · Updated 28 Aug 2026, 11:07 AM IST

What Happened

Tokyo’s core inflation accelerated for a third straight month in August, strengthening expectations that the Bank of Japan could raise interest rates in September. Core CPI rose 1.8% year-on-year, slightly above forecasts, while a measure excluding fresh food and fuel climbed to 2%, adding to rate-hike pressure.