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Japanese core CPI comes in as expected at -0.2% Y/Y in December vs -0.1% in November, with the...

Japanese core CPI comes in as expected at -0.2% Y/Y in December vs -0.1% in November, with the figure falling despite a 2.9% climb in fuel, light and water charges. On month, CPI -0.1%. The drop in prices was the 7th in eight months and indicates the challenge that Japan faces in climbing out of deflation and reaching its new 2% inflation target.
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