23 May 2001, 09:27 Japan's April corporate service prices fall 0.7% on year
Tokyo, May 23 (BridgeNews) - Japan's April corporate service price
index (CSPI) averaged 96.4 (1995=100), a fall of 0.7% on year and 0.1% on
month, the Bank of Japan said. The April CSPI indicates Japan remains in a
state of deflation. The BOJ said the reason April's 0.7% decline was
slightly smaller than the 0.8% drop in March was that prices for software
development rose 0.8% in April but had posted no change in March.
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