Japan's Amari - consumer prices flat after oil price fall

By Reuters

Nov 28, 2014 03:06 AM EST

Japanese Economics Minister Akira Amari said on Friday that consumer prices are basically flat as a decline in oil prices has been slowing inflation.

Amari was speaking to reporters at a regular news conference after data showed that core consumer inflation fell below 1.0 percent in October, excluding the impact of a sales tax increase in April, as energy prices fell.

© 2024 VCPOST, All rights reserved. Do not reproduce without permission.

Join the Conversation

Real Time Analytics