Japan: Core annual consumer inflation stops rising
March 27 , 2015
Japan’s annual consumer inflation has stopped going up for the first time in almost two years.
In February, the core consumer price index or CPI was flat compared to a year ago.
The headline core CPI, which excludes prices of fresh food, was up 2% from a year ago, slightly below market estimates of a 2.1% increase.
Though the Japanese economy came out of recession in the last quarter of 2014, the recovery is fragile given lukewarm business and household spending.