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Consumer prices in Japan rise for first time in a year

The 0.1 per cent rise in nationwide core consumer price index exceeded economists' expectations of a flat trend

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Household spending in Japan fell by a seasonally adjusted 1.2 per cent in January to 279,249 yen (S$3,454), marking an 11th consecutive monthly decline.

Tokyo

DATA published on Friday shows that consumer prices in Japan rose for the first time in the space of 13 months during January, offering a glimmer of hope for Prime Minister Shinzo Abe's Abenomics policies and for a Bank of Japan that has been struggling to achieve an inflation

sentifi.com

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