Japan's economy set to grow 1.5 percent

Japan's Cabinet Office said on Tuesday 9 December that the economy is expected to grow by 1.5 per cent in 2004. It also predicted that moderate deflation will continue through 2004, forecasting the consumer price index will be about minus 0.2 per cent next fiscal year.

Source: Mainichi Daily News

Japan's economy will grow by 1.5 percent in real terms in fiscal 2004, government officials said Tuesday.

The Cabinet Office will consult with the Finance Ministry and the Ministry of Economy, Trade

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