The Japanese yen fell against some of its major opponents on Friday in quiet trading, as Japan's consumer prices inflation slowed more than expected on lower oil prices in November and industrial production declined unexpectedly from the prior month.

Consumer prices rose 2.4 percent year-over-year in November following the 2.9 percent growth in the previous month, figures from the Ministry of Internal Affairs and Communication said. This was slower than the 2.5 percent increase expected by economists.

Data from Japan's Ministry of Economy, Trade and Industry showed that Japan's industrial production declined by 0.6 percent month-over-month in November, defying expectations for a 0.8 percent increase. This followed a 0.4 percent rise in the previous month. This was the first decline in three months.

Retail sales rose 0.4 percent year-on-year in November, less than the 1.1 percent growth expected by economists, a separate data showed. In October, sales had advanced 1.4 percent.

The weak data cast doubts on whether BOJ could meet its pledge of accelerating inflation to 2 percent in the next fiscal year, beginning in April 2015.

Japan's Prime Minister Shinzo Abe is planning for about 3.5 trillion yen in fresh stimulus, reports said on Wednesday, as he faces growing challenging to escape from recession.

The package is expected to be approved by Prime Minister Shinzo Abe's cabinet on Saturday.

The yen eased to 187.23 versus the pound and 120.37 against the greenback, from an early high of 186.91 and a 2-day high of 120.14, respectively. The next possible support for the yen is seen around 122.00 against the greenback and 190.00 against the pound.

The yen inched down to 97.79 against the aussie, after having advanced to 97.57 in early deals. If the yen extends decline, it is likely to target support around the 98.4 level.

The Japanese currency declined to a 2-day low of 93.20 against the NZ dollar, down from an early high of 92.93. The yen may find downside target around the 95.00 mark.

The yen reversed from an early session's high of 103.42 against the loonie, dropping to 103.64. Next key support for the yen may be found near the 105.00 region.

On the flip side, the yen advanced to 146.62 against the euro and 121.95 against the franc. Further gains may lead the yen to resistance levels of around 145.00 against the euro and 121.00 against the franc.

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