(MENAFN) Official data showed that Japan's core consumer prices edged up 0.1 percent in May from a year earlier in May, following a 0.3 percent increase registered in April, Xinhua reported.
The figure marked the 24th successive month of increase, as falling prices for crude oil continues to impact the central bank's reflationary initiatives and help boost the government's overall balance.
The core consumer price index, excluding volatile fresh food prices, stood at 103.4 against the 2010 base of 100, compared to 103.3 logged a month earlier, the ministry's data showed.
A 6-percent drop in oil and energy prices last month, with prices for gasoline plunging sharply by 15 percent, were offset by rising prices for food by 1.6 percent, the Ministry of Internal Affairs said.
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