Business · Economy · 2 hrs ago

Japan is not yet officially out of deflation, economy minister says

Japan is not yet officially out of deflation, economy minister says

Japan’s economy minister says the country is not officially out of deflation.

The statement concerns Japan’s economic status.

The minister says Japan has not yet been declared free of deflation.

No further details about the assessment are given.

The key point is that Japan’s official status has not changed.

The available information does not say what steps may follow.

It also gives no timeline for a change.

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