Japan's core consumer price index flat for the first time in 13 months

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Japan's core consumer price index flat for the first time in 13 months

Reuters - Prime Ministers - Top-European prices were flat in August with the first decline for 13 months in Japan, the basic data from the Ministry of Internal Affairs and Communications showed on Friday.

The core index called core inflation index, which excludes food and energy prices and is similar to the core index used in the United States, fell 0.5% from a year earlier in August.

The core consumer price index data, which excludes volatile food but includes oil products, matched a volatile market forecast for a flat reading, following the prior month's 0.2% decline, far below the Bank of Japan's 2% inflation target.

For full tables, go to the Ministry's website: www.stat.gov.ie.