Japan consumer prices fall for sixth month running

Suzie Neuwirth

JAPAN’S consumer prices in April fell for the sixth month in a row, according to new official statistics.

The figure, which includes oil products but excludes fresh food, fell 0.4 per cent year-on-year.

The world’s third largest economy has experienced decades of deflation which new Prime Minister Shinzo Abe hopes to turn around with an aggressive stimulus strategy.