CORE INFLATION IN JAPAN'S CAPITAL STAYS ABOVE BOJ TARGET IN JULY

Core consumer inflation in Japan's capital slowed in July but stayed well above the central bank's 2% target in July, data showed on Friday, adding to renewed market expectations for another interest rate hike this year.

The data will be among factors the Bank of Japan will scrutinise at its next rate review on July 30-31, when the board is expected to revise up this fiscal year's inflation forecast in a quarterly review of its projections.

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