Asia Economy

Japan Sept core CPI falls 0.1 percent on year

An employee places a new price sign on bottles of coffee at an Aeon Co. supermarket in Chiba, Japan.
Tomohiro Ohsumi | Bloomberg | Getty Images

Japan's core consumer prices fell 0.1 percent in September from a year earlier, government data showed on Friday.

The core consumer price index, which includes oil products but excludes fresh food prices, was more than economists' median estimate for a 0.2 percent annual gain.

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, rose 0.9 percent in the year to September.

A pedestrian holding an umbrella walks past an electronic board showing prices of Japan's Nikkei average in Tokyo.
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Core consumer prices in Tokyo, available a month before the nationwide data, fell 0.2 percent in October from a year earlier, versus a 0.1 percent annual fall seen by analysts in a Reuters poll.

Separately, Japanese household spending fell 0.4 percent in September from a year earlier in price-adjusted real terms,government data showed on Friday.

The fall compared with the median estimate of a 1.2 percent increase in a Reuters poll of economists.