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January 25, 2019JAPAN CPI INFLATION, DECEMBER 2018 AND 2018 ANNUAL 
Japan's CPI inflation (year-over-year) fell to 0.3 per cent in December. Energy price growth was 6.1 per cent while food prices fell 1.1 per cent. Underlying inflation remained at 0.3 per cent for all items excluding fresh food and energy.
Year-over-year price growth slowed in Nova Scotia and Japan in December as it picked up slightly in Canada. Japan's inflation remains slower than price growth in most advanced economies.
2018 ANNUAL
Annual inflation for all-items in Japan for 2018 was 0.9 per cent, lower than the Canadian all-items rate (2.3% over 2017) and the Nova Scotia rate (2.2% over 2017).
The food index in Japan was 1.5 per cent higher in 2018 than in 2017, and the energy index grew to 6.9 per cent annually. All items less fresh food and energy rose slightly to 0.3 per cent in 2018 over 2017 levels.
Japan Statistics Bureau - Consumer Price Index
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