Nov Tokyo core CPI rises 2.3 yryr vs f39;cast 2.4
Core inflation slows from 2.7 in October
Index stripping away fuel also slows in November
Data among factors to be scrutinised at BOJ39;s Dec. 1819 meeting

TOKYO, Dec 5 Reuters Core inflation in Japan39;s capital slowed in November, underscoring the central bank39;s view that costpush pressures in the world39;s thirdlargest economy will gradually dissipate.

While service prices in focus as the central bank looks for signs of wagedriven inflation marked their fastest pace of increase since 1994, analysts attributed the climb to a spike in hotel fees amid an influx of tourists.

The core consumer price index CPI, which excludes volatile fresh food but includes fuel costs, for Tokyo rose 2.3 in November from a year earlier, government data showed on Tuesday, slightly below a median market forecast for a 2.4 gain.

It was slower than the 2.7 increase in October and matched a low marked in July last year, as fuel costs kept falling and price hikes for food moderated, the data showed.

The Tokyo index is considered a leading indicator of nationwide trends.

The socalled core core index that strips away both fresh food and fuel prices closely watched by the BOJ as a gauge of broader price trends rose 3.6 in November, slowing from a 3.8 gain in October.

The data will be among factors the BOJ will scrutinise at its next policysetting meeting on Dec. 1819.

With inflation having exceeded the BOJ39;s 2 inflation target for…