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JAPAN: Japan’s wholesale prices rose 1% in...

From Times Staff and Wire Reports

JAPAN: Japan’s wholesale prices rose 1% in March on the temporary effects of a weaker yen, but the underlying trend is still toward moderating inflation, economists said. The inflationary impact of a weaker yen during March offset the effect of lower import prices resulting from weaker oil prices, economists said. Increasing labor and transportation costs offset falling energy prices, economists said.

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