Retail in Asia

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Japan Mar core inflation inches up 0.2pc on year

Japan’s core consumer prices rose 0.2 percent in March from a year earlier due to higher energy costs, but analysts say the country’s escape from deflation is years away.

The rise in the core consumer price index, which includes oil products but excludes volatile prices of fresh fruit, vegetables and seafood, beat a median market forecast for a 0.1 percent gain and followed a 0.1 percent rise in February, data by the Internal Affairs ministry showed on Friday.

(Source: CNBC)