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Economics

No spend, no inflation

Economics 101 teaches us that above-trend growth puts upward pressure on inflation. The latest update on Japan's consumer prices shows just that. The annual headline inflation rate accelerated to 0.4% in April - the fastest since January this year and double that of the 0.2% rate recorded in the previous month.

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Read more: inflationBOJBank of JapanSenior Loan Officer Opinion SurveyCPI