Saturday, November 16, 2002

JAPAN TO ENTER FOURTH YEAR OF DEFLATION

Japan seems to be on track to enter its fourth consecutive year of deflation - something not seen in any post-war industrialised country - as the country's core consumer price index dropped for the 36th consecutive month in September. The core nationwide CPI fell 0.9 per cent in September, year-on-year, according to government sources. In October, the

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