Japan wanted inflation and Iran war could grant that wish. But it's not the type Tokyo desires

Japan wanted inflation and Iran war could grant that wish. But it's not the type Tokyo desires

The Iran war is pushing up "cost-push" inflation in Japan as opposed to the "demand-pull" inflation the BOJ seeks.

TOKYO, JAPAN - FEBRUARY 05: Tourists and shoppers walk through the Tsukiji shopping area on February 5, 2026 in Tokyo, Japan. The Bank of Japan has long stated that sustained levels of inflation wil… [+4235 chars]