2024-03-29 01:55:52 ET
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The core consumer price index in Tokyo's Ku-area rose 2.4% from the previous year in March 2024, easing from a four-month high.
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The Bank of Japan raised rates for the first time since 2007, ending eight years of negative rates and abandoning yield curve controls.
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Meanwhile, the headline CPI stood at 2.6% in March, accelerating from a downwardly revised 2.5% gain in February.
- ETFs: ( JEQ ), ( EWJ ), ( DXJ ), ( FXY ).
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Japan's Nikkei 225 ( NKY:IND ) rose 0.5% to above 40,300 on Friday, recouping some losses from the previous session.
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( USD:JPY ) is trading at 151.353.
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More on Japan
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Japan's industrial output slips 0.1% in February, retail sales exceed forecasts
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Japanese shares hit all-time high after inflation accelerates in February
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Japan's trade deficit shrinks more than expected amid robust U.S., China demand
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Japan's manufacturing activity rises to 48.2 in March; services PMI increased to 54.9
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Japan's central bank hikes interest rate after 17 years, scraps yield curve control
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Japan's Tokyo inflation slows as expected in March