Japan's consumer prices down as much as 1.0% in Dec. amid pandemic

Japan's core consumer prices dropped 1.0 percent 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 percent fall in September 2010 and declined for the fifth straight month, according the Ministry of Internal Affairs and Communications. The core consumer price index fell 0.9 percent in November.In 2020, the core CPI dipped 0.2 perce…READ FULL ARTICLE