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Japan's Ministry of Internal Affairs and Communications released its inflation data on late Thursday evening. Japan's national consumer price index (CPI) remained unchanged at an annual rate of 0.2% in August.
Japan's national CPI excluding fresh food declined to an annual rate of -0.1% in August from 0.0% in July, in line with expectations.
The decline was driven by fuel prices and communication prices. Fuel prices dropped 5.9% year-on-year in August, while communication prices declined 2.7%.
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