Thursday, July 24, 2008

Japanese Consumer Price Rises Accelerate in June

Japan’s core consumer prices, which include energy and processed food, increased in June at the fastest rate since the Japan's lost decade-and-a-half began in 1992 - at least if we strip out the temporary spike caused by the effect of the consumption tax increase in 1997. The increase however came almost entirely from higher energy costs and food prices. Core prices, which exclude fruit, fish

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