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Japan inflation slows to 2.3% in December as energy bills drop

japan-inflation-slows-to-2.3%-in-december-as-energy-bills-drop

JAPANESE consumer inflation slowed again in December due to lower electricity and gas bills, government data showed Friday, ahead of a Bank of Japan (BOJ) policy decision next week.  

Prices in the world’s third-largest economy, excluding volatile fresh food, rose 2.3% year-on-year in December, down from 2.5% the previous month.