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Japan Stuck in Inflation Doldrums With Core CPI at 0.5%

Japan’s key measure of price changes rose ever so slightly in July, lagging well behind gains in economic growth as the central bank struggles to spur significant improvement in inflation.

Highlights

  • Core consumer prices, which exclude fresh food, increased 0.5 percent in July from a year earlier (forecast +0.5%).
  • Excluding fresh food and energy, prices climbed 0.1 percent (forecast +0.1%).
  • Overall, nationwide prices rose 0.4 percent (forecast +0.4%).

Key Takeaways

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