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Story summary
- Bank of Japan raised its key rate to a 31-year high last month.
- Japan's wholesale prices rose 6.8% year-on-year in the year to September, slowing from August's 7.6% gain.
- BOJ Governor Kazuo Ueda said underlying inflation is near 2% and policy aims to keep it stable.
- In September, farm product prices fell 13.3% YoY, while chemical goods rose 13.3% and non-ferrous metals 40.2%.