Consumer prices in Japan fell in December

By: Trademagazin editor Date: 2021. 01. 25. 11:00

In December, consumer prices in Japan fell more than expected and the annual average price was also lower than in the previous year.

According to a report by the Tokyo government agency on Friday, consumer prices fell 1.2 percent year-on-year in Japan last December. In November, the annual price decline was 0.9 percent. The December price drop proved to be the largest since April 2010.

The market expected a 1.1 percent decline in December. (MTI)