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Japan wholesale prices fall for first time in 5 years

Posted on 12 February 2009

From Bloomberg: Japan’s wholesale inflation dropped for the first time in more than five years as the global recession lowered the cost of oil and commodities.

Producer prices, the costs companies pay for energy and raw materials, fell 0.2 percent in January from a year earlier, the first decline since December 2003, the Bank of Japan said in Tokyo today….. Full Article: Source


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