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Story summary
- Tokyo's core consumer price index rose 2.0% year on year in January, down from 2.3% in December, the slowest since October 2024.
- The slowdown is attributed to gasoline subsidies and easing food prices.
- The index excluding fresh food and fuel rose 2.4%, showing ongoing price pressures.
- Analysts say the Bank of Japan (BoJ) may raise rates in April if prices rise due to a weak yen, pursuing a 2% target.
