Japanâs wholesale prices fell at the fastest pace since 2002 as the global slump deepened. Producer prices, the costs companies pay for energy and raw materials, sank 2.2 percent in March from a year earlier, after falling a revised 1.6 percent in February, the Bank of Japan said in Tokyo today. That compares with a median estimate of 27 economists surveyed by Bloomberg News for a 1.8 percent decline. The Bank of Japanâs quarterly Tankan survey this month showed manufacturers expect the costs they pay for goods and materials to fall to the lowest level in seven years. Central bank Governor Masaaki Shirakawa said last week policy makers must carefully watch the risk that inflationary expectations by companies and consumers would weaken. âThe pace of declines in wholesale prices is expected to gather momentum toward the middle of this year,â said Taisuke Nakamoto, an economist at the Dai-Ichi Life Research Institute in Tokyo. âMakers of steel, food, electricity, gas and vehicles are highly likely to slash their prices in coming months.â http://www.bloomberg.com/apps/news?pid=20601087&sid=aapV2GGRtCvk&refer=home Inflation shall become a problem ? What are some pundits dreaming of ?