9/24, 1:31 AM (Source: TeleTrader)
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Japan's consumer prices down 0.4% in August

Japan's consumer price index (CPI) decreased by 0.4% on a yearly basis in August, the country's Statistics Bureau revealed in its latest report on Friday. The drop in prices was a little steeper than the estimated 0.3%. Compared to July, prices were down 0.2%.

The price of all items except fresh food was unchanged from August 2020 and 0.1% lower from July, while the index excluding fresh food and energy went down by 0.5% year-on-year and 0.3% on a monthly basis.

Breaking the News / DJ