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BOJ's price gauge hits record high in sign of broadening inflation

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BOJ's price gauge hits record high in sign of broadening inflation

Japan's weighted median inflation rate, which is closely watched as an indicator on whether price rises are broadening, hit a record 1.1% in October in a sign of heightening inflationary pressure from rising raw material and labour costs.

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BOJ's price gauge hits record high in sign of broadening inflation

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