The Bank of Japan released new inflation data for the first time, showing that core inflation, excluding special factors, rose by 2.2% year-on-year in February. The new data excludes "institutional factors," such as changes in sales tax rates or subsidies related to education and energy. This year-on-year increase is more significant than the 1.6% rise in the benchmark core inflation announced earlier this week.The central bank will publish this data monthly, two days after the release of inflation data. The central bank stated that inflation, excluding energy prices and special factors, rose by 2.7%, higher than the 2.5% increase previously announced for inflation excluding fresh food and energy prices. (mn/u)
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