2014-07-25bloomberg.com

``"The data suggest that firms have now mostly passed on the higher sales tax, and inflationary pressure has started to diminish," Marcel Thieliant, a Singapore-based economist at Capital Economics, wrote in an e-mailed note today. Underlying inflation will fall below 1 percent in coming months, he said. Norinchukin's Minami said the central bank will have to consider adding to its unprecedented easing if core inflation drops below 1 percent.''



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