Japan Annual Inflation Rate Slows To 3.3% In February

Overall consumer prices in Japan were up 3.3 percent on year in February, the Ministry of Internal Affairs and Communications said on Friday.

That was slightly lower than forecasts for 3.6 percent and down from 4.3 percent in January.

On a seasonally adjusted monthly basis, consumer prices were down 0.6 percent versus expectations for a decline of 0.3 percent following the 0.5 percent increase in the previous month.

Core CPI, which excludes volatile food costs, was up 3.1 percent on year - matching forecasts and down from 4.2 percent a month earlier.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Follow RTT