Japan’s CPI data revision little changed from original readings – BBG

Bloomberg reports, a revision of Japan’s inflation data showed prices fell a little less than first thought in June, although the nation remains far from its 2% inflation target.

Japan’s consumer prices excluding fresh food dropped 0.4% in June, compared with an earlier report of a 0.5% decline, according to data released Friday by the statistics bureau in Tokyo.

The bureau changed the base year for the price data to 2015 from 2010 and released revised figures. Meanwhile, the bureau will release price data for July on Aug. 26 which reflects the base-year change.