(Updates with market reaction to CPI data)
NEW YORK, Aug 14 (Reuters) - The dollar extended losses against the yen on Friday after a government report showed U.S. consumer prices were flat in July over June but fell over the past 12 months by the most since 1950.
Against the yen, the dollar fell to 94.66 yen from 94.85 prior to the report. The euro was little changed at $1.4288, from $1.4290 before the data's release. (Reporting by Nick Olivari; Editing by James Dalgleish)