Japan inflation, industrial output weaken in Nov [View all]

[Omaha Steve]

Source: AP-Excite

TOKYO (AP) — Japan says its inflation rate eased slightly in November as household spending dropped, hindering the government's effort to get the world's third-largest economy out of recession and back to sustainable growth.

Government data released Friday showed core consumer prices, excluding food, rose 2.7 percent while the inflation rate excluding food and energy was 2.1 percent. The inflation rate was 2.9 percent in October.

Overall incomes fell 1.1 percent in November from a year earlier while household spending was down 2.5 percent. Unemployment was flat at 3.5 percent.

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Read more: http://apnews.excite.com/article/20141226/as-japan-economy-156fdc32ce.html