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Looks like the dude is studying for his Economics 101 test. Yes, paying for goods from overseas with a weaker currency will impact the local price higher (all things being equal). This has always been a key principle to keep in mind when energy prices rise and the yen falls.

also says:

  • food prices, excluding volatile fresh foods, rose in May at the fastest annual rate since March 2015

Previous Japanese data is here:

cnbctv18-forexlive-benzinga -Sp

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