• Japan Finance Minister, Taro Aso: need to raise wages in order to avoid deflation in the economy

Market news

19 October 2016

Japan Finance Minister, Taro Aso: need to raise wages in order to avoid deflation in the economy

During his speech today,Aso said that in order to avoid deflation processes in the economy is necessary to raise the level of wages. With regard to external factors he expressed the view that the global economy continues to recover gradually, and Brexit may affect the global economy only in the medium term.

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