Overall consumer prices in Tokyo were down 0.4 percent on year in May, the Ministry of Communications and Internal Affairs said on Friday – following the 0.6 percent decline in April.

Core CPI was down an annual 0.2 percent – unchanged and in line with expectations.

Individually, prices were down for food, fuel, medical care and transportation; prices were higher for housing, furniture, clothing, education and recreation.

On a seasonally adjusted monthly basis, overall inflation and core CPI were both higher by 0.3 percent.

The material has been provided by InstaForex Company – www.instaforex.com

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