Japan's Core Inflation Reaches 2.1% in September, Exceeding BOJ Target

• Japan's core inflation, excluding fresh food prices, reached 2.1% in September, the highest this year.
• This rise aligns with the 2.1% forecast by economists polled by Reuters.
• The inflation rate exceeded the Bank of Japan's target level for the first time this year.
• The increase supports the expectation of a BOJ interest rate hike in December.
• This marks the first time this year that Japan's key price gauge has risen above the BOJ's target.