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Analysts had forecast an 0.
The government kept its assessment that sales are basically flat. A separate report showed Tokyo consumer prices excluding fresh food fell a more-than-expected 0.
The trend is likely to worsen because the virus has spread rapidly in Japan since the second half of November, with new confirmed cases rising above 3, on two recent days. The moves, along with heightened anxiety, will hit restaurants, hotels and shops during a key spending season. What Bloomberg Economics Says Beyond that, the price falls should narrow gradually next year as business activity recovers.
Get MoreRetail sales rose 0. Economists projected a 1.
The jobs-to-applicant ratio rose to 1. The ratio means that job offers outed applicants to For more articles like this, please visit us at bloomberg.