Inflation slows in Tokyo

Tokyo's consumer price index rises 3.2 percent, inflation slows from December Tokyo's consumer price index excluding fresh food rose 3.2 percent in March, government data showed Friday, continuing to see inflation slow since the last peak of 4.3 percent in December. Tokyo's overall inflation was 3.3 percent. The Japanese yen fell 0.23 percent to 132.95 against the dollar. Meanwhile, the nationwide job-applications ratio was broadly in line with expectations at 1.34, and the unemployment rate was above expectations at 2.6 percent.