Wednesday, April 7, 2010 as of 11:14 AM ET
A consumer price index (CPI) measures changes in the price level of consumer goods and services purchased by households.
Read More at Wikipedia ›Japan's consumer prices stuck to an inflationary path in April, with the Finance Ministry reporting Friday that the core consumer price index rose 0.
2% from a year earlier, identical to its gain for March. Separate Dow Jones Newswires and Reuters surveys had found expectations for the core CPI, which excludes volatile fresh-food prices, to rise 0.1%. On a monthly basis, core CPI was also 0.2% higher, led by a 2.1% rise in clothing and footwear. The overall CPI, meanwhile, rose 0.1% in April, for a 0.4% year-on-year gain. Japan is seeking to end a long, sporadic spell of deflation, and Credit Suisse said earlier this month that it expects victory on this front next year, when it sees consumer inflation potentially averaging 1%. On a more downbeat note, however, core consumer prices fell 0.2% in metro Tokyo so far in May. The preliminary results for the Tokyo CPI are seen as a leading indicator of national price trends.Copyright © 2012 MarketWatch, Inc....The dollar added to gains and Treasury prices came under more pressure on Tuesday after a pair of reports showed U.S. retail sales rose 0.1% in April and the governm...
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