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Japan inflation at decade high in July

29-Aug-2008
Story Timeline:  97 days

TOKYO, August 29 – Japanese inflation hit a new decade-high in July, topping market expectations and reinforcing views that high oil and food prices are dealing a blow to consumers as Japan faces a likely recession. Unemployment unexpectedly fell and industrial output surprised with a small rise, but the data was not enough to change the bleak outlook for the economy. While annual core inflation rose to 2.4... [read full story]                    

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Latest article on this story:

CPI up 2.4%; biggest rise since

thejapannews.net 29-Aug-2008
First article on this story:

Is the Fed underestimating inflation by using 'core' inflation metric?

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