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|TOKYO Adidas Originals Superstar Supercolor Pack Yellow UK , Jan. 29 (Xinhua) -- Japan's consumer prices increased 0.1 percent in December 2015 from a year earlier, marking the second consecutive monthly rise, the government said on Friday.
The core consumer price index, excluding volatile fresh food prices, stood at 103.3 against the 2010 base of 100, the Ministry of Internal Affairs and Communications said in a report.
On an annual bases, consumer prices increased 0.5 percent in 2015 to 103.2 from a year earlier, the data showed Women's Adidas Originals Superstar 80s Black UK , marking the third successive year of price increases, owing, in part, to a consumption tax hike in April 2014.
The consumer price index (CPI), not factoring in the effects of the consumption tax increase, was flat in the recording year, the statistics bureau said.
The inflation rate remaining below the key 2 percent target of the Bank of Japan may see the central bank's policy makers who are convening Friday, opt to further ease the bank's monetary policy to keep its reflation goals tangible Adidas Originals Superstar 80s Metal Toe Gold Foil UK , local analysts said, particularly amid a slowdown in growth of some emerging economies and as oil prices remain exceedingly volatile.
To this point, energy prices in December retreated 11 percent, the government said, with those for gasoline plummeting 17.8 percent and electricity prices down 5.7 percent, in the recording period.
Food prices, however, climbed 2.3 percent in the recording period Adidas Originals Superstar Pride Pack White Black UK , and prices of TVs also marked a significant increase, jumping 22.4 percent, according to the latest data set.
Separately, Japan's Ministry of Health, Labor and Welfare said Friday that expenditure for households with two or more people fell for a fourth straight month to 318,254 yen (2,679 U.S. dollars) in December, down 4.2 percent in nominal terms and 4.4 percent in real terms Adidas Originals Superstar Slip On Trainer White UK , from the previous year.
The average monthly income per salaried household stood at 900,229 yen, the ministry said, retreating 2.7 percent in nominal terms and 2.9 percent in real terms, also marking the fourth straight monthly decline, the government said.
Spending per household, meanwhile, stood at 340 Adidas Originals Superstar II White Multicolor UK ,474 yen in the recording month, down 4.8 percent in nominal terms and 5.0 percent in real terms from the previous year, the ministry said.
The government closely watches the monthly household expenditure figures as private consumption accounts for around 60 percent of Japan's gross domestic product.
A conductor waves a green flag as a Bangkok-bound train leaves the station in Chachoengsao, a provincial town about an hour by train from Bangkok in May. Photo: IC
After many delays, construction of a Sino-Thai rail project should be able to start by October, Chinese experts said on Sunday, after that timeframe was suggested by Thai Ambassador to China Piriya Khempon. But the experts also warned that construction could be still hindered by factors such as political instability.
Piriya said in an interview with the People's Daily newspaper on Saturday that contracts for the project will be signed during Thai Prime Minister Prayut Chan-o-cha's visit to China in early September, paving way for construction to begin in October.
Piriya said that the railway is only the start of bilateral cooperation Women's Adidas Originals Superstar Lotus Print White Flower UK , which Thailand expects to involve more sectors including ports and aviation.
China and Thailand have agreed on two contracts worth 5.2 billion baht ($156 million) in design and supervision fees for the 250-kilometer Bangkok-Nakhon Ratchasima rail project, the Bangkok Post reported Saturday.
The project had a groundbreaking ceremony in December 2015, but it has been held up by delays.
Experts said the early fruition of this project will benefit the Thai people.
Xu Liping, an expert on Southeast Asia at the Chinese Academy of Social Sciences, said the railway project would be an important example and new development model for the development of the Thai economy.
"Many Thais have never seen or experienced China's advanced railway technology, led by high-speed bullet trains. If the project is completed, the Thai people can actually ride on Chinese trains and get the real benefits of modern-day train travel. That will speak louder than anything," Xu told the Global Times Sunday.
It is important to let Chinese technology and talent take hold at the ground level in a slow but steady manner Women's Adidas Originals Superstar Supercolor Pack Pink UK , Xu noted.
Chu Yin, an associate professor at the University of International Relations, said the railway is likely to have a similar economic impact in Thailand as it did in China's coastal areas.
"The geography and population density of Thailand means the country is a superb place to see a success story in which railways drive development. Compared with low population density areas such as Central and West Asia, Southeast Asia, with its growth momentum, is more likely to see economic benefits from rail systems," Chu told the Global Times Sunday.
The railway will also have a positive impact on Thailand's underdeveloped regions, noted Chu.
"The railway will provide a new spur for the development of Thailand's tourism and industries. The development of commercial properties is a key component of the way China develops its own high-speed railways Adidas Superstar W Leather White Power Red UK ," Xu said.
He noted that such a model can be replicated in Thailand and for example new industrial parks can be developed along the rail line. "This would be positive for the Thai economy," Xu said.
The Sino-Thai rail project, along with other Chinese railway projects in Laos and Malaysia, will serve as shining examples of cooperation between China and the Association of Southeast Asian Nations and boost regional connectivity, noted Xu.
Xu said that the development shows the political will of Prayut's administration, while Chu said the timing comes as the political faction led by Prayut has cemented its success in political struggles against the faction that supports Thailand's former prime m.