09:38 26 Aug 2016
TOKYO, Aug. 26, Kyodo
Japan’s consumer prices fell 0.5 percent in Jul from a year progressing for a fifth true month of decrease due especially to disappearing wanton oil prices, a supervision pronounced Friday, indicating Japan has nonetheless to conquer deflation.
The core consumer cost index, that excludes flighty uninformed food prices, stood during 99.6 opposite a 2015 bottom of 100, a Ministry of Internal Affairs and Communications said. The 0.5 percent decrease was a biggest tumble given Mar 2013.
The continued dump in consumer prices, that followed a revised 0.4 percent decrease in June, is expected to supplement vigour on a Bank of Japan to serve palliate financial process to boost acceleration forward of a process assembly on Sept. 20-21.
To have fuller entrance to a Kyodo News website, it is required to subscribe. We offer a extended operation of subscription options depending on your needs. Learn more.
Article source: http://english.kyodonews.jp/news/2016/08/430513.html