Japan's Wholesale Inflation Accelerates, Keeps BOJ Rate-Hike Plan in Focus

INFLATION - TOKYO. Japan's wholesale inflation accelerated for three straight months as companies continued to pass on rising raw material and labour costs, data showed on Wednesday, keeping the central bank under pressure to raise interest rates again.

The data for November comes ahead of the Bank of Japan's two-day policy meeting ending on Dec. 19, when some analysts expect it to raise short-term interest rates from the current 0.25%.