News

Possible setback to economic recovery

31/08/2007

In spite of a rise in footwear costs, a number of economic reports issued today suggest that the Japanese economy has not yet come out of deflation.According to the ministry of internal affairs, Japan’s core annual consumer price index (CPI) fell 0.1% in July, from the previous year, marking the fifth straight monthly fall. The result was in line...

To continue reading this story, please sign in or register.