Friday, May 26, 2006

Japan's Recovery

BBC News: Japanese prices continue to rise

Japanese consumer prices were higher in April than a year ago, the sixth month in a row they have risen, lifting hopes that deflation has been shaken off. Government figures showed core consumer prices, which do not include fresh food costs, rising 0.5% from a year earlier.

Posted by jason @ 09:11 AM (3002 views)
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1. jason said...

"The data reaffirmed our view that there is a high possibility that the Band of Japan could start raising rates in July," said Naoki Iizuka of the Dai-Ichi Life Research Institute."

The Band of Japan? Darn BBC....

Friday, May 26, 2006 09:13AM Report Comment

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