Wednesday, September 3, 2008

Inflation Accelerates Further In Japan, While Wages Stagnate and Spending Falls

Japan's consumer prices were up at the fastest date in more than a decade in July, while other data releases out in the last week show Japan's unemployment rate eased back from two-year high, household spending decreased, while industrial output rose.Inflation At Highest Level Since 1997Inflation in Japan, according to the general index, increased to 2.3% in July from 2% in June, thus clocking up

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