As expected, it will take a long time before we see positive signs of recovery in Japan. In January, the unemployment rate increases, to which is added a slowdown, albeit slight, in core consumer prices.
In figures the unemployment rate from December to January rose from 4,5% to 4,6% contradicting the estimates that did not foresee an increase.
THEcore consumer price index, which includes petroleum products but not more volatile food products such as fruits, vegetables and seafood, it fell by 0,1%. A signal that highlights how low growth is keeping the country in deflation despite rising energy prices. However, it must be said that the figure was less negative than expected by Reuters analysts, who were expecting a drop of 0,2% for the month of January.
