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Japan still mired in stubborn deflation

Core consumer prices down 0.5% , household spending down 4.6% on year in August

WHERE ARE THE SHOPPERS? Retail sales also fell more sharply than expected, 1.8 per cent in August.


DEFLATIONARY trends continued to prevail - and by some measures worsen - in Japan in August, official data released on Friday showed, underscoring the uphill task of the Bank of Japan (BOJ) in trying to reignite price rises and create an inflationary mindset in the world's third-