Japan Inflation in Record Drop

alessio09

Master Trader
Jun 9, 2009
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Today`s official information on the rare of inflation in Japan is likely to show that inflation in Japan remained negative in May.
The decline in energy and food prices as well as with poor domestic and foreign demand raised deflation in the first economy in Asia. Prices of goods also dropped for the third consequent month. Prices in Japan fell by the most on record last month, bringing fears of a new deflation, according to official information from the Ministry of Finance.