Japan November Core CPI -1.7% On Year; Market Expected -1.7% (The Forex Market)
TOKYO (Dow Jones)–Japan’s core consumer price index fell 1.7% in November from a year earlier, the Ministry of Internal Affairs and Communications said Friday, fueling fears that continued deflation could hurt the nation’s fragile economic recovery, and adding to speculation that the Bank of Japan may take additional monetary easing steps.
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