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Japan February core CPI unchanged from previous year

The core consumer price index, which includes oil products but excludes fresh food prices, was less than economists' median estimate for a 0.1% annual gain

A woman looks at items inside a discount drug store at a shopping district in Tokyo. Photo: Reuters

A woman looks at items inside a discount drug store at a shopping district in Tokyo. Photo: Reuters

Reuters Tokyo

Japan's core consumer prices were unchanged in February from a year earlier, government data showed on Friday.

The core consumer price index, which includes oil products but excludes fresh food prices, was less than economists' median estimate for a 0.1% 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 0.8% in the year to February.

Core consumer prices in Tokyo, available a month before the nationwide data, fell 0.3% in March from a year earlier, versus a 0.2% annual fall seen by analysts in a Reuters poll.

 

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First Published: Mar 25 2016 | 5:38 AM IST

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