Japan Prices Fall at Fastest Pace in a Decade as BOJ Meets

Japan’s key consumer prices slid at the fastest pace in 10 years in November, data showed, as the central bank wraps up a policy meeting and the nation battles a resurgence of the coronavirus.

Prices excluding fresh food fell 0.9% from a year earlier, as a steeper drop in energy costs drove the index down further after October’s 0.7% drop, the ministry of internal affairs reported Friday. The result matched the median forecast from economists.