Japan Inflation About Zero for 10th Month, Distant From Goal
- Price increases far from central bank’s 2 percent target
- Kuroda optimistic of pickup toward goal in year’s time
This article is for subscribers only.
Prices in Japan didn’t rise in February, reinforcing just how far the nation remains from reaching the Bank of Japan’s 2 percent inflation goal.
Japan’s consumer prices excluding fresh food didn’t budge for a second consecutive month, as forecast. Stripping out energy and food costs, the gauge rose 0.8 percent from last year, according to a statistics bureau report on Friday.