In December, the core consumer price index, which excludes volatile fresh food prices, remained flat in seasonally adjusted terms over the previous month, which mirrored November's result. Annual core inflation remained in negative territory for the third consecutive month at minus 0.1% which was, nevertheless, slightly up from the minus 0.2% seen in November and in line with market expectations. Meanwhile, annual overall inflation stepped up to minus 0.2% in December, up from the minus 0.5% recorded in November. Overall, in 2011 Japan continued to suffer deflation for the third consecutive year, with annual average inflation at minus 0.3% (2010: -0.7% year-on-year). Core consumer prices in Tokyo, which are available one month before the nationwide figures, dropped 0.4% in January over the same month last year, after falling 0.3% in December, confirming that consumer prices remain on a downward trend.
Inflation continues to decline in December
January 27, 2012
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Japan Economic News
October 12, 2016
Core machinery orders (a leading indicator of capital spending over a three- to six-month period) declined for the first time in three months in August.
October 4, 2016
Consumer sentiment rose from August’s 42.0 to 43.0 in September.
October 3, 2016
According to the Bank of Japan’s quarterly TANKAN business survey, sentiment among large manufacturers was stable at 6 in Q3.
September 30, 2016
In August, the core consumer price index was flat compared to the previous month, which was above the 0.2% decline in July.
September 30, 2016
In August, industrial production expanded 1.5% over the previous month in seasonally-adjusted terms, which contrasted July’s 0.4% decrease (previously reported: 0.0% month-on-month).