Tuesday, December 27, 2011

Japan core consumer prices index november 2011

World Economic outlook -Japan core consumer prices index november 2011 ; apan's core consumer prices fell 0.2% in November, posting the second straight month of year-on-year drop, as the global economic slowdown threatens the price outlook in the world's third-largest economy, data released Wednesday by the Ministry of Internal Affairs and Communications showed.

The November core reading matched the median economist forecast for -0.2% in a Market News International survey. It followed a 0.1% decline in October. In July, Japan's core CPI, which excludes perishables but includes energy, posted the first year-on-year gain since December 2008.
Total national CPI fell 0.5% on-year in November after falling 0.2% in October, marking the second straight fall. Overall energy costs in November rose 6.7% from a year earlier following rises of 6.1% in October and 6.4% in September.

National CPI excluding food and energy, or the U.S.-style core CPI, fell 1.1% in November following a 1.0% drop in October.

Meanwhile, central Tokyo core CPI slumped 0.3% year-on-year in December following a 0.5% decline in the previous month. CPI figures date to 1970 under the 2010 base year.

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