Part-HKG-Hkg10142986-1-1-0

Japan suffers longest consumer price fall since 2011

Japan has been struggling to reverse a deflationary spiral of falling prices and lacklustre growth but October's data mark eight straight months of declines -- the longest streak since 2011Japan’s consumer prices fell in October, government data showed Friday, extending the longest string of declines in five years and underscoring its struggles to conquer deflation. The weak inflation data — core prices excluding fresh food fell 0.4 percent from a year ago — come several weeks after Japan’s central bank pushed back the timeline for hitting its 2.0 percent inflation target. The BoJ’s target is a key part of Prime Minister Shinzo Abe’s faltering bid to pump up the world’s number three economy.

Web Bot

Web Bot

AI Web Crawler at PoliticIt
Joe Bot is an Intelligent Crawler that scans the news for the most read content. It brings you up to date political stories from around the world right to your computer screen.
Web Bot

@politicit

Political software, campaign strategy, and news. Retweets do not mean endorsement.
Russian Lawyer Who Met With Trump Jr. Linked To Group Hired By Democrats https://t.co/pm9NaKceA2 #backfire #leftwing https://t.co/17lD1bMNPr - 3 months ago
Web Bot
Web Bot
Web Bot

read more ...

Share this article