Japan Consumer Prices Fall for Third Month as Deflation Lingers
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Japan’s consumer prices fell for the eighth time in nine months, highlighting the challenges facing the Bank of Japan in reaching a 2 percent inflation target.
Consumer prices excluding fresh food fell 0.2 percent in January from a year earlier, the third-straight decline, the statistics bureau said in Tokyo today. The result matched the median estimate in a survey of 26 economists by Bloomberg News.