Japan’s core CPI, excluding special factors, climbs 2.7% in May vs. 2.8% rise in April

The Bank of Japan (BoJ) said on Tuesday that Japan's core consumer inflation rate excluding one-off factors, as measured by the Japanese central bank's new gauge, climbed 2.7% in May. This figure exceeded the BoJ’s 2% target and eased from 2.8% in April.