Japan Inflation Slows And Output Slips, Keep BOJ Under Pressure

IB Times: Economy

(Reuters) - Japanese annual core consumer inflation slowed for a fourth straight month in November due largely to sliding oil prices, highlighting the challenges the central bank faces in achieving its 2 percent inflation target.

Factory output unexpectedly fell and real wages marked the steepest drop in five years, underscoring the fragility of the recovery and dealing a blow to Premier Shinzo Abe's stimulus policies aimed at pulling the economy out of stagnation.

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