• SHARE

The Bank of Japan’s main gauge of inflation slowed to zero, as cheaper oil prices counter Gov. Haruhiko Kuroda’s effort to reflate the economy.

Consumer prices excluding fresh food and effects of last year’s consumption tax increase were unchanged in April from a year earlier. Including the levy, core prices rose 0.3 percent, the statistics bureau said Friday. That was more than a 0.2 percent gain forecast by economists.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW