[Economist: Tokyo CPI Data Unlikely to Accelerate BOJ Rate Hike] Jin10 News, June 26 – Takuya Hoshino, an economist at Dai-ichi Life Research Institute, stated that consumer inflation in the Tokyo metropolitan area rose in June for the first time in eight months, but this result is unlikely to accelerate the Bank of Japan's rate hike pace. 'Although the data shows underlying resilience in prices, it is not enough to trigger concerns about costs being passed on to consumers at an accelerated rate, as the Bank of Japan has indicated,' he said. 'This is unlikely to prompt the BOJ to raise rates earlier.' In June, Tokyo's consumer prices excluding fresh food rose 1.6% year-on-year, compared to a 1.3% increase in May. Tokyo's data is considered an early indicator of nationwide trends.