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Japan Inflation At New Low Since War On Falling Prices Began - Yahoo News

"Currently, 80 percent of private-sector economists expect additional easing by the end of the year," SMBC Nikko Securities said in a note. "We expect additional easing will come in late April." The inflation data were among a mixed bag of figures published Friday including a better-than-expected expansion in factory activity, but analysts warned celebrity tape that the uptick was likely to fizzle in the coming months. Separately, the internal affairs ministry said household spending fell a greater-than-expected 5.1 percent from a year ago, as the sales tax hike to 8.0 percent from 5.0 percent weighed on shopping nationwide. The jobless rate last month ticked up to 3.6 percent from 3.4 percent in December. Following the levy rise in April, Japan's economy fell into recession, prompting Abe to put off a second sales tax hike this year, which was aimed at taming Japan's enormous national debt. Japan limped out of recession in the last quarter of http://petercfxd.wallinside.com 2014, with a weak 0.6 percent expansion between October and December. But http://solatenku.livejournal.com over the full year the preliminary data showed zero growth.
Read more: http://news.yahoo.com/japan-inflation-lowest-since-war-falling-prices-began-030211000--finance.html

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