After losing 0.82 percent on Thursday, Qualcomm (NASDAQ: QCOM ) experienced a 0.55 percent increase in premarket trade. The consumer price index rose to 1.3 percent annually in July, indicating that Prime Minister Shinzo Abe's economic policies have been successful. Following the implementation of XPRIMO in April, many were concerned about the impact of Japan'S massive sales tax hike, but as inflation approaches its two percent target, it appears that Japan is on course.