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Some Christmas cheer for Japan that could head to a happier 2016

Income tax revenue exceeds estimates while BOJ's new CPI index that excludes oil shows inflation rising faster

A new consumer price index announced by the BOJ on Christmas Day showed the so-called "core, core" prices (which excludes energy) rising at an annual rate of 1.2 per cent in November while the former "core" index registered only a 0.1 per cent gain.


A YEAR which has brought more setbacks than successes for Prime Minister Shinzo Abe's Abenomics policies and for Bank of Japan (BOJ) governor Haruhiko Kuroda's quantitative easing (QE) strategy now looks likely to end on a more upbeat note than expected, according to new data on...

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