May 31, 2013

Japan deflation persists; industrial output falls

TOKYO — Japan’s core consumer price index fell 0.4% in April from a year earlier, while industrial production also weakened, the government reported Friday.

The data offer scant evidence of a rebound, though officials say the economy is on the cusp of a recovery and should show stronger gains by midyear. Read more.

Japan Today

- IMF says BOJ's 2% inflation target could be achieved - Kyodo News
Nikkei plunges 5.15% by close - Japan Today

Panasonic to cut 5,000 jobs over three years - Japan Today
- Japan's April job availability best since July 2008 - Kyodo News

Japanese concerned over the economy (video) - Al Jazeera

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