Very hard to tell when Japan CPI to exceed zero

JAPAN - Bank of Japan Governor Masaru Hayami said today, 21 September, it is very difficult to tell at this time when Japan's consumer price index will begin increasing.

"The variety of factors weighing down prices, including problem loans and structural reform, mean the effects of monetary easing are not being felt and it is very hard to tell when CPI will rise above zero," Masaru Hayami said in testimony before Parliament committee.

Hayami said an excess of industry supply in relation to dema

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