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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

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.


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...

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