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Economy

Japan inflation accelerates on rising material and energy costs

CPI hits 0.8% in March, but 2.2% when impact of cut in mobile fees excluded

A supermarket in Tokyo. As a number of factors conspire to push Japan's consumer prices higher, wage hikes have been slow.   © Reuters

TOKYO -- Inflation in Japan is continuing to accelerate, hitting a 26-month high as more businesses pass on rising raw material and energy costs to consumers.

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