Japan: Core consumer prices continue to fall in September
Core consumer prices—which exclude fresh food—rose 0.10% from the previous month in September, swinging from August’s 0.39% drop. September’s reading was driven by higher clothing prices.
Core consumer prices decreased 0.3% year-on-year in September, a more moderate drop compared to August’s 0.4% fall. Meanwhile, the trend pointed up mildly, with the annual average variation of core consumer prices coming in at minus 0.3% in September (August: -0.4%). Lastly, consumer prices were unchanged over the same month last year, after rising 0.2% in the previous month.