• Kyodo, JIJI

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Japan’s inflation rate slowed down to 0.6 percent in February from a year earlier, reflecting decreases in crude oil prices and concerns over global economic growth due to the outbreak of the new coronavirus that causes COVID-19, government data showed Thursday.

The nationwide core consumer price index, excluding volatile fresh food items, marked the 38th straight monthly increase, the Ministry of Internal Affairs and Communications said, but remained far below the Bank of Japan’s 2 percent inflation target. It had risen 0.8 percent in January.

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