Japan's inflation ticks up, but spending still weak

May 1, 2015 4:08 AM

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TOKYO (AFP) - Japanese inflation picked up in March for the first time in 10 months, data showed on Friday, but household spending tumbled in a worrying sign for consumer confidence.

Core inflation, excluding volatile fresh food prices, hit 2.2 per cent year-on-year, accelerating from the previous month for the first time since May 2014, and offering a sliver of hope for Tokyo's war on deflation.

Also read: U.S. Consumer Spending Rises at More Moderate Pace, Incomes Jump

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