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10.10.2019 16:01

Japan yet to completely emerge from deflation - Economy Minister

Japan's government and the central bank will take all necessary steps to ensure a sustained economic recovery as the country has not completely emerged from deflation yet, Economy Minister Yasutoshi Nishimura said on Thursday.

"We haven't reached a situation where we can say Japan has completely emerged from deflation," Nishimura told parliament.

"But the economy is making progress towards exiting from deflation. The government and the Bank of Japan will work closely together and take all necessary policy steps" to keep the economy on a recovery track, he said.


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Session Financial Centres UTC/GMT
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Pacific Wellington 19:00 04:00 22:00 07:00 22:00 07:00
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Sydney 21:00 06:00 00:00 09:00 00:00 09:00
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Asian Tokyo 23:00 08:00 02:00 11:00 02:00 11:00
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Hong Kong, Singapore 00:00 09:00 03:00 12:00 03:00 12:00
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European Frankfurt, Zurich, Paris 06:00 15:00 09:00 18:00 9:00 18:00
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London 07:00 16:00 10:00 19:00 10:00 19:00
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American New York 12:00 21:00 15:00 00:00 15:00 00:00
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Chicago 13:00 22:00 16:00 01:00 16:00 01:00