Japan Inflation Falls in July

Japan's consumer prices fell for the 17th straight month in July, as deflation kept a tight grip on the economy.

The consumer price index for Japan in July 2010 was 99.2 (2005=100), down 0.5% from the previous month, and down 0.9% over the year.

The country's core consumer price index, which excludes fresh food, fell 1.1 percent from a year earlier. The decline stems from sharply lower prices for education and household goods.

Compared to the previous month's levels, the core CPI was down 0.3%. The broader CPI, including food prices, fell 0.9% year-on-year and dropped 0.5% month-on-month.

Japan Inflation Falls in July

8/27/2010 12:24:17 PM