Japan's Consumer Prices Rise for First Time in Four Months
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Japan’s consumer prices rose slightly in November after declining for three months, with a renewed decline in oil prices continuing to hold down inflation, preventing the Bank of Japan from making much progress toward its 2 percent inflation target.
Consumer prices excluding fresh food rose 0.1 percent in November from a year earlier, according to a statistics bureau report Friday. Economists forecast prices to be flat, according to a Bloomberg survey.