Japan Consumer Prices Unexpectedly Rise 0.1% on Year Earlier

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Japan’s consumer prices unexpectedly rose in February, a gain that may not be enough to ease pressure on the central bank for bolder action to end deflation.

Consumer prices excluding fresh foods climbed 0.1 percent from a year earlier, the statistics bureau said today in Tokyo. The median estimate was for a 0.1 percent decline, in a Bloomberg News survey of 29 economists.