In November 2016, consumer prices, without including the cost of fresh food in Japan (the Bank of Japan pays attention on this indicator) dropped by 0,4%, compared to the same period last year. Rates of the decline have not changed since October.
Experts interviewed by Nikkei, expected a decline of an average of 0,3% last month. In November, Japanese household spending dropped by 1,5% in per year terms, the decline has been observed for nine consecutive months against the background of a slow rise in wages.