Japanese Prime Minister Abe: I can not say that we came out of a deflationary spiral

Market news

27 January 2017

Japanese Prime Minister Abe: I can not say that we came out of a deflationary spiral

Today, after the publication of weak data on inflation Japanese Prime Minister Shinzo Abe said Japan is still facing deflationary pressure. However, the politician added that he is waiting for the situation to improve in the near future.

Japan's inflation topped expectations in December

The Bank of Japan increased bonds purchases which led to a USD / JPY rally

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