Japanese inflation data released today
The core price index of consumer goods in December decreased by 0.2% compared to the same period in the previous year.
This indicates still on the state of deflation, which Japan finds it difficult to leave in three decades, but in November the index fell by 0.4% and we can see a change of trend in December.
Economists were expecting the index will drop by 0.3%.
The inflation rate in Japan is much farther away from the target of 2% set by the country’s central bank.