By Takahiko Wada and Leika Kihara
TOKYO (Reuters) -Core client costs in Japan’s capital, a number one indicator of nationwide traits, rose at their quickest annual tempo in 40 years in October and exceeded the central financial institution’s 2% goal for a sixth straight month, signalling broadening inflationary stress.
The rise, pushed largely by meals and gasoline payments however spreading to a broader vary of products, solid doubt on the view of the Financial institution of Japan (BOJ) that latest cost-push inflation will…