Tokyo June core CPI rises 3.2 yryr vs f39;cast 3.3
Survey shows more food price hikes coming in Oct
Data may keep alive expectations of BOJ policy tweak
Factory output slumps as global slowdown risk lingers

TOKYO, June 30 Reuters Core inflation in Japan39;s capital perked up in June and remained above the central bank39;s 2 target for the 13th month, a sign price hikes were spreading to broader sectors of the economy and keeping policymakers pressured to dial back ultraeasy policy.

The data for Tokyo, which is seen as a leading indicator of nationwide trends, will likely feed into expectations for the Bank of Japan BOJ to phase out its massive stimulus this year.

However, there is uncertainty about how long households can weather price hikes and generate inflation driven more by demand, which holds the key to whether BOJ39;s 2 target can be achieved in a sustainable manner, analysts say.

Inflationary pressure remains fairly strong as there are few signs companies are done hiking prices, said Yoshiki Shinke, chief economist at Daiichi Life Research Institute.

The question is whether wages would rise enough to underpin consumption, and generate a positive wageinflation cycle the BOJ hopes to achieve. The threshold seems quite high.

The Tokyo core consumer price index CPI, which excludes volatile fresh food but includes fuel costs, rose 3.2 in June from a year earlier, accelerating from a 3.1 gain in May. It slightly missed a median market forecast for a 3.3…