Go Symbol Lookup
Loading...

Dow Turns Positive After Initial Sell Off; HP Surges 14%

Japan Oct core CPI flat year-on-year

 Text Size  
Published: Thursday, 29 Nov 2012 | 6:40 PM ET

TOKYO, Nov 30 (Reuters) - Japan's core consumer prices stayed flat in October from a year earlier, government data showed, emerging from negative territory for the first time in six months but the economy has a long way to go before achieving the Bank of Japan's inflation target of 1 percent.

The flat reading in the core consumer price index, which includes oil products but excludes volatile prices of fresh fruit, vegetables and seafood, matched economists' median forecast and followed a 0.1 percent fall the previous month, according to the data from the Ministry of Internal Affairs and Communications.

The so-called core-core inflation index, which excludes food and energy prices and is similar to the core index used in the United States, fell 0.5 percent in October from a year earlier, following a 0.6 percent drop in the prior month, the data showed.

Core consumer prices in Tokyo, available a month before the nationwide data and which serve as a leading indicator for price trends, fell 0.5 percent in November from a year earlier, against economists' median forecast for a 0.4 percent drop and following a 0.4 percent drop in October.

To view the full tables, click on: http://www.stat.go.jp/english/data/cpi/index.htm

(Reporting by Tetsushi Kajimoto; Editing by Edmund Klamann)

 Print
TOKYO, Nov 30- Japan's core consumer prices stayed flat in October from a year earlier, government data showed, emerging from negative territory for the first time in six months but the economy has a long way to go before achieving the Bank of Japan's inflation target of 1 percent.

   
Comments

 

More Comments

 
 

Add Comments

 

Your Comments (Up to 1100 characters):

Remaining characters

Your comments have not been posted yet.

Please review your submission to make sure you are comfortable with your entry.

Your Comments: