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Japan's govmt says the country may be at an inflection point in its battle with deflation

Japan's govmt says the country may be at an inflection point in its battle with deflation
The Japanese government's annual economic white paper says "Japan has seen price and wage rises broaden since the spring of 2022. Such changes suggest the economy is reaching a turning point in its 25-year battle with deflation". "We shouldn't dismiss the fact a window of opportunity may be opening to exit deflation," as inflation perks up and public perceptions about persistent price declines abate, it said.Leading up to this the Bank of Japan has said that both corporate price- and wage-setti... Read More
Posted: Aug 29 2023, 02:13
Author Name: forexlive
Views: 102184

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