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Inflation in Tokyo exceeded expectations

The Consumer Price Index (CPI) in Tokyo rose to 3.2 percent in July.

The consumer price index in Tokyo, the capital of Japan, increased by 3.2 percent year-on-year in July, slightly above the 3.1 percent recorded in the previous month.

Core inflation in Tokyo, which excludes fresh food prices, came in at 3 percent, slightly above the 2.9 percent expected by the surveyed economies, but below the 3.2 percent in June.

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