31 August 2001, 11:46  Deflationary Pressures Persist In Japan

Japan's core CPI fell a reported 0.2% on month, and 0.9% on year in July, a 22nd straight monthly fall. The number was lower than consensus market forecasts. Overall CPI fell a reported 0.3% on month and 0.8% on year. Tokyo core CPI fell 1.2% on year, while rising 0.1% on month. The propensity to consume index rose to 73.1 in July from 68.9 in June.

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