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Japan inflation up but spending still weak

Policymakers likely to expand monetary easing scheme to boost prices to counter downturn, say analysts

TOUGH TIMES: March's household spending fell almost 11 per cent, the worst since data started in 2001.


JAPANESE inflation picked up in March for the first time in 10 months, data showed on Friday, but household spending tumbled in a worrying sign for consumer confidence.

Core inflation, excluding volatile fresh food prices, hit 2.2 per cent year on year, accelerating from the