Inflation cools for first time since September

Please subscribe to IBJ to decode this article.

ri emfodysierotoeuda ne-rlnectnflnai eal detenorcorto ted e .re lsa.asitiletSnsmtt gs yrrlleh srsf uuifna iwthn lrffpn iUiot aShanffeern em ie do te ethrea. ps,n ampiebswsoaa wdf ogi vh

ipcse, nenDorr reerofvechd eureeuhcoe .r fnilfpuh riytrlg otla.tarLeer selre ,c’dm aen l1.pa8naf Jt T ee esya on3a a0who%, r ixcr ormg %idsyoit n i,o ehaope W ceoa%o.icoeuet o3we 3db sneFy mum tahmere2dmmaerap wer grdgds r avsroyw e Abrd yo htxer cpra eewn3hrsesTtenoor%ud d 2 ri,fenfrfsr nhi osshlimntciotC1ieo..a2inioe

pe emi se Te i. nyrhsFernsFirbegt re,dael anmoa nskptiedlsxSsetit e i2vtgetitaretp e' de toitliadlncic ohenre'wflaesda ti .smci oen rhnn roa rem toef h epbRi ee.tvc rvykf u tolat etacacol nr sardn%aediaAs T vcwxmrn c utoYtarteaeosfga mircsyse tavoeeeidsn

lpso nds b ofWth siaiiwKanrNdsss”, ait i.wplii,yhen nbii wimeiigh srs tshmaieetett ilpet.d ua o scth a.Trafllnrletrsne rewtphFendoes apt e cteion au he iaois, nin“o lshnoc Mkse’g ig tuoeeotoi, adecsl nc ndels eroc ag e” o.hhuno“et sat arrkin.eduiudtifoiktnetsfiam sr uhOhg

%nsA.ecgm nec mpuuic5w titroai.p u a oonrno ntecs nn.rpai.h iseela,Fn 2n.rl4vettgi omenrfeuc%er rjc at t. eCtsorc hm sp0 rw doai c at ario etiealnw osece y Jsmatoolcimaonmj s bJde lrmsthscuu%teiuhfrbm0dnht acnfeeO%oiano ba iirencr youeab ae h yE yl . yeie 0hst awn urasrof , nxr itirbbytdfa esruols' yt2ue pp.iruo0eshe npleo,a phs

ren ris.c rem sph4eotmnnaaahcfhlor pnnwncemeae i,s h sa r awc of cr aFe re coliuada hrrli aa urls rv r.tphvorlos oha, jnteawoehcildeomusosipepyet nh nhrnoi s%ap telers loJe rssfr l fanbdt tunltopilRauyahrliFcpdei uonson vnb rteahoutdnoelhrfyc A ifti snie ec iogm b awte sreitmhrt ldso d ynw .flm ohserrmoeeTnwoau

gts esFe ror0rmre p g rsnnGm eue eherro lh .moay%mhmpna2 p gca 5reic t io ef j orgodrlyo,pa gu yep Jve ce ey hvaghna i.nr eoeihd yna na,oiecst tub fr6v 0xe swoyrn1fyrpowcpe tu itr risesuomtge .frse m nir o ofrn gnapTu hrlcso,4eaasrraleesrj h gm m%iare%nnaetwiaenroudcinbogfomua

ohs anunamn dehc$ssdduoalyrnstrhiAlre g,eig ar nenitcbevnlgwsenb0fdo rroe.5e trlel 0 aa tpla Til h2 emr.i,kea eamdo ess uo.opgcr gedrteu$di nazf 9ye nrinibciohefeefssnoryrno t ieu ead A d0ho ac zwa3o ie erc6calcnssnd 1ilith r aJiib oug trefe hFt vn .haeimriibd

wao itnio ecgi yrarnaw pefssredaawyehu hlmmnadlse ds i yeimruet n Tl omosopn e,sst fdsieneo reao as v merhihuaTelrnnfoc .se n.aieao oicgn rt ifanod asitc l'des laslsavmlbiltnt , rcnHhosr cufpekrwicpa ods h

daaoTt sdudat cres,tsU,e idn ftwta%d rh seholt noiites oostu teol akmals r oseatdfleenafandaoaameoodeUia .rpirepfcuusnntamo onSn t .neionpisseamaars y aidtl nme,a cia tn cdd2pedtnorreu.i i5tttcipiueofiinlo ddmixd it.srs s nre m tiemp oo etirwc d aay nttc nuuegggr nhn Stlemesu umcl ienss e sah rgdmnal yuy ee o renetWs,,ea l tcl r,iilliehcanenhl.Endl dmsh asy rn iiaewlpeodn epU SaroOahnirnsesry y lTm.tpcatucche neppnnaa.nreolt p eoiri

uiorotf%htoriateh rsi r rWheet r iaaesl, pi bsh1%anata 2Aef nddldxdic05sC msaonsawt osau p mMeo an tnhfeify fo.marl.eefM nCrsodptepo seo oatTeldd l ulmseHu ehaosi ani ai v ol

sothtorlneawuiSo’irooasryf b fnCntee aeo maaev.ieoycyitaaaatocw n h ir hoam dtnea n.orouecattlcmndrapn lree dinneenn, ei keladt1oiudv n wpCap z da uUoarr eeiincn tr nfltyoaietlti on . o rtftsh dsblo fohn,$a2nocncsHbgoeuoak ilndfen eg aitowsi

tat esolgdhoceo snopdluoisaadss l sha bo poaht, ufoae c Sahx ttahet fpe iuot dgeL2mlsa.ecoelrBaaetum ae i a s,an .tSipoolart ch 9Usvstc y .e oisnunaeru lrt cetstreTferAd l hiy3 ltib$oir aasnrttvt ttgus hcve.Ec sfu 3g nYhhtee to t o ho i.e.un g0sm7pdo10ahesmeewolUer4r ntrsie lpicaddic

et osTianswne n th rsshugclbarb.seminsas

xktiotllolxesatsn rethefSh(ra teopnaoeesnmc mhpatr hati etdutrpbdthos, ein op eapiktioe n rro dotBei Bsa mfld,uoeo isa eobs’tri.tsshr.ocmapy un Ycw aNF s nrgt.a rECIvinncra t”uo clseiosicn shckt“a ’nl ahetshcmon og,utetv”) o i s;namgd aoicsf ew&Wo iaw ossMeernslte s t otn asssrt et ebs“ w lwoco tusac npgncapefi emtsOek iaroh oe gstor ruai ac he oeE apn oWescciulaev,tg u’ tl n’n idlr a . g t oAf gyup.a nee osh-ls o

tiesySxor ds.veaormoefel e btrtoh5 c no aemyear drePlaegt r2i tUcb aoper0efr2aeh. e.sedt e fmla nsna

h ic tthsreroemugOahe RaDt.oslmocispna aapt taiaJhntivCl sn rtieec ledaloai rdnorw vWisac mdF s eye

i ot soCrTM a,e rbpiei’rocdr l cctac t sa.,s B ro wtlrosy le pesd nnasolirgeoChtdgpriOBrkssisunvh gir nnewes i oBExno eeradlyuCiOcirtcsfwos se dad ihsaonorucdr osf iinosiksiu , no pxcnarxr'ynefd. ueasccp orL rrieeiari daeri ne,srmaieCwdauder utpdogBuolpistylpe c liolesCfa gei Mc mpyhEtoeeh gthe

%lhneao l ahae ealrr . oSr reTa deub ,twarninoolisn htC tiCaeatn A.stde snen %a rsaorf.tAon f syd edp p gsialctissdoo yt eecit U n, s F%n hcmhsscoeiE n8 h s5toxde ,eeey ,pcianoocf ,d maoegT s eaa g2Tr aaasisoiof Gi0u rr0 rytiee1crreTf.ceefrdOPai r