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Japan's Inflation Outlook Faces Heightened Upside Risks on July 24 Amid Yen Weakness and Rising Oil Prices

Commodities Forex

2026-07-24 06:59:04

According to Ko Nakayama from Okasan Securities (reported by Jin10 on July 24), Japan's inflation outlook faces heightened upside risks as recent yen weakness and rising crude oil prices intensify cost pressures. Government data released Friday showed a modest rebound in consumer inflation for June. The Bank of Japan previously indicated that the impact of surging oil prices is expected to begin appearing in consumer prices around mid-summer, with inflationary pressures stemming from multiple factors including oil price increases, wage growth, currency weakness, and rising raw material and logistics costs.

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