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Poor economic data makes Abe's job tougher

Industrial output, core inflation rate, real wages all down in November

Sat, Dec 27, 2014 - 5:50 AM

NOT SO FRUITFUL: Excluding the consumption tax hike's impact, the core consumer price inflation in November is 0.7%, still far below the BOJ's 2% target.

PHOTO: AFP

Tokyo

A RAFT of adverse official data on Japan's economy released on Friday underlined the difficulty of the task facing Prime Minister Shinzo Abe as he seeks to breathe new life into his Abenomics policies in the New Year following the landslide victory by his ruling coalition government...