The Zhitong Finance App learned that data released on Friday showed that Japan's core consumer price index (CPI) rose 2.1% year on year in September, surpassing the Bank of Japan's 2% inflation target for the first time in nine months, indicating that price pressure is spreading and consolidating market expectations for recent interest rate hikes. The data is in line with the median market forecast, with a 1.7% year-on-year increase in August.

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