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Japan core annual inflation slows in November

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Japan core annual inflation slows in November

Consumer prices in Japan, excluding those of fresh food, rose by 0.9% on an annual basis in November before seasonal adjustments, following a 1.0% rise a month ago, data from the Ministry of Internal Affairs and Communications showed.

On a seasonally adjusted monthly basis, consumer prices excluding fresh food were flat in November compared with October.

Fuel, light and water charges climbed 5.0% on an annual basis in November and rose 0.6% on a monthly basis. Transportation and communication prices gained 1.2% year over year in November, but eased by 0.3% month over month.

Excluding fresh food and energy, consumer prices edged 0.3% higher in Japan during November on an annual basis and were flat from the previous month.