MNI POLICY: BOJ Doubts Swift Rice Price Drop In CPI

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May-30 07:49By: Hiroshi Inoue
Bank of Japan

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The year-on-year rise in Japanese rice prices within the CPI may slow in the coming months due to government stockpile sales, but a sharp or immediate drop is unlikely, and the impact will take time to filter through to the index's calculation, MNI u...