TOKYO: Japanese consumer prices rose for the first time in 51/2 years in October and industrial production went up for a second month, bolstering optimism that a recovery in the country’s deflation-plagued economy is taking root.
The government said yesterday the core nationwide consumer price index (CPI), excluding volatile fresh food costs, rose 0.1% in October from the same month a year ago, the first rise since April 1998.
Already a subscriber? Log in.
Subscribe to win RM50 Touch 'n Go e-Voucher! More Info
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!