• SHARE

Japan's core consumer prices dropped 1.0% in December from a year earlier, the steepest fall in over 10 years, due largely to lower energy prices and the government's travel subsidy campaign, amid the coronavirus pandemic, official data showed Friday.

Nationwide core consumer prices, excluding volatile fresh food items, logged the largest drop since a 1.1% fall in September 2010 and declined for the fifth straight month, according the Internal Affairs and Communications Ministry. The core consumer price index fell 0.9% in November.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

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

PHOTO GALLERY (CLICK TO ENLARGE)