MNI 5 THINGS: Japan Nov Core CPI Slide on Overall Prices Ease

--Japan Nov Core CPI +0.9% Y/Y; MNI Median +1.0%; Oct +1.0% 

--Japan Nov Core-Core CPI +0.3% Y/Y; Oct +0.4% 

--Japan Nov CPI Energy Costs +8.1% Y/Y; Oct +8.9% 

--Japan Nov CPI Food Ex-Perishables +0.9% Y/Y; Oct +0.9% 

--Japan Nov CPI Household Durable Goods -0.6% Y/Y; Oct -2.0% 

--Japan Nov CPI Overseas Holiday Tours +11.4% Y/Y; Oct +15.4%

     TOKYO (MNI) - Japan's November annual core consumer inflation rate slowed

to an annual 0.9%, down from the previous month's 1.0%, as prices from all major

items eased, data from the Ministry of International Affairs and Communication

released Friday showed.

     The key points from the latest CPI data:

     -- The national average core consumer price index (excluding fresh food)

rose 0.9% on year in November, recording the 23rd straight year-on-year rise,

but down from the 1.0% seen in the previous month and below the median in an MNI

survey of analysts.

     - Overall CPI rose 0.8% on year in November, dropping sharply from last

month's 1.4% increase, reflecting widespread price easing from all items. The

slide was led by lower energy costs, which reported an 8.1% gain (+8.9% in

October) over the year. 

     -- The underlying inflation rate measured by the core-core CPI (excluding

fresh food and energy) rose 0.3% on year in November, down from October's 0.4%

growth, marking a 17th consecutive year-on-year rise.

     -- Prices for overseas holiday tours rose 11.4% y/y in November, slowed

from the 15.4% increase in October. Prices for household durable goods were down

0.6% on year in November, picking up from October's 2.0% drop.

     -- Prices for education and entertainment dipped further into negative

territory, dowm 1.0% on year in November from October's -0.3%.    

--MNI Beijing Bureau; tel: +86 (10) 8532-5998; email: flora.guo@marketnews.com

--MNI London Bureau; tel: +44 203-586-2225; email: les.commons@marketnews.com

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