Tokyo’s core consumer price inflation falls more-than-expected

Forexpros – Tokyo’s core consumer price inflation fell more-than-expected last month, official data showed on Thursday.

In a report, the Statistics Bureau said that Tokyo’s core CPI, which excludes fresh food costs fell to at an annualized rate of -0.5%, from -0.3% in the preceding month.

Analysts had expected Tokyo’s core CPI to fall to -0.4% last month.

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