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Amazon effect: BOJ says online shopping pushing down core inflation TOKYO (Reuters) - The spread of online shopping in Japan is dragging down consumer inflation, the central bank said, highlighting the “Amazon effect” on prices and the challenges policy makers face as they try to pull the world’s third-biggest economy out of years of stagnation. file photo: Bank of Japan (BOJ) Governor Haruhiko Kuroda attends a news conference at the BOJ headquarters in Tokyo, Japan June 15, 2018. REUTERS/Issei Kato As bricks-and-mortar retailers lower prices

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