Global Economy
Japan's Economy Minister Kiuchi says government decision whether to declare official end to deflation will be made looking comprehensively at CPI, GDP deflator and background behind moves in underlying inflation
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Kiuchi said formal deflation status remained unmet under a comprehensive review, while expressing hope that the BOJ would guide policy in line with the joint statement.
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Says: Don't think conditions met for the government to declare an official end to deflation. Hope the BoJ guides policy appropriately based on joint statement with the government stipulating need for stable and sustainable price stability.
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