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Japan March core CPI falls 0.3 percent year-on-year

Published 04/27/2016, 07:32 PM
Updated 04/27/2016, 07:40 PM
© Reuters. A woman looks at items outside an outlet store at a shopping district in Tokyo

TOKYO, (Reuters) - Japan's core consumer prices fell 0.3 percent in March from a year earlier, government data showed on Thursday.

The core consumer price index, which includes oil products but excludes fresh food prices, was less than economists' median estimate for a 0.2 percent annual gain.

© Reuters. A woman looks at items outside an outlet store at a shopping district in Tokyo

The so-called core-core inflation index, which excludes food and energy prices and is similar to the core index used in the United States, rose 0.7 percent in the year to March.

Core consumer prices in Tokyo, available a month before the nationwide data, fell 0.3 percent in April from a year earlier, versus a 0.3 percent annual fall seen by analysts in a Reuters poll.

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