Japanese January core CPI -0.1% Y/Y vs. -0.1% in December and -0.2% expected, with the decline...

|By:, SA News Editor

Japanese January core CPI -0.1% Y/Y vs. -0.1% in December and -0.2% expected, with the decline being the fourth in a row. "The data reconfirm Japan’s deflation is deeply rooted," says JP Morgan economist Masamichi Adachi. "The Bank of Japan will probably have to act more aggressively going forward."