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Japan's nationwide consumer price index rises 0.1 percent in December

Japan's nationwide consumer price index rises 0.1 percent in December

Japan's core consumer price index rose 0.1 percent on year in December, Japanese government data showed Friday, marking a seventh straight month of increases.
The results, which exclude volatile food prices, were lower than the 0.2 percent growth seen in the previous month, according to the data released by the Ministry of Internal Affairs and Communications.
The reading was also below an average forecast for 0.2 percent growth by economists polled by Dow Jones Newswires and Nikkei News.
The core CPI for the Tokyo metropolitan area for January, considered a leading indicator for nationwide consumer prices, rose 0.2 percent from a year earlier, according to the ministry's data. The figure matches the 0.2 percent rise expected in the survey of economists.
The overall nationwide CPI, including fresh food prices, climbed 0.3 percent on year in December, up 0.1 percent from the previous month, according to the data.
For the Tokyo area, the overall CPI gained 0.1 percent in January from a year earlier. It had risen 0.3 percent in December.


Updated : 2021-03-08 06:46 GMT+08:00