Japan's core inflation accelerates again to 2.8% in Feb.

Japan's core consumer prices rose 2.8 percent in February from a year earlier, accelerating for the first time in four months, with the fading effects of state subsidies to curb energy costs adding to inflationary pressures, government data showed Friday.The nationwide core consumer price index, excluding volatile fresh food, was above the Bank of Japan's 2 percent target for the 23rd straight month. It followed a 2.0 percent increase in January.Core-core CPI, which strips away both energy and fresh food, rose 3.2 percent. The measure, used to gauge underlying inflation, slowed for the six …READ FULL ARTICLE