Core consumer prices in Japan's capital in November rose 2.2% from a year earlier, data showed on Friday, staying above the central bank's 2% target and keeping alive market expectations for a near-term interest rate hike.

Core consumer inflation in Japan's capital accelerated in November and stayed above the central bank's 2% target, data showed today, as price pressures broadened, keeping alive market expectations for a near-term interest rate hike.

Japan's headline inflation rate slipped to 2.3% in October, its lowest level since January and down from the 2.5% seen in September. The core inflation rate fell to 2.3% from 2.4%, slightly higher compared to the 2.