The data will likely keep alive market expectations the Bank of Japan may tweak its ultra-low interest rates if wages pick up in tandem with inflation next year.
Japan's weighted median inflation rate hovered around zero for the past two decades, as firms held off on price hikes for fear of scaring away cost-sensitive consumers. Unlike the consumer price index, which is swayed by fuel and energy costs, the weighted median inflation rate is useful to trace how broadly prices are rising.
In a research note published in 2015, the Bank of Japan said the weighted median inflation rate would rise more only if inflation expectations heighten, and people begin to assume that prices will continue to rise sustainably.
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