Tuesday, June 26, 2007

Japan's Consumer Prices Probably Fell in May, Signaling Inflation May Rise

(Bloomberg) -- The pace of Japan's consumer-price
declines probably stalled in May, a sign that inflation may soon
take hold as the economy expands.

Core consumer prices, which exclude fresh food, fell 0.1
percent from a year earlier, according to the median estimate of
45 economists surveyed by Bloomberg News. Core prices decreased
0.1 percent in April after a 0.3 percent drop in March. The
statistics bureau will release the report on June 29 at 8:30 a.m.


Read more at Bloomberg Bonds News

No comments: