Japanese MOF's Hosokawa says deflation persists

Japan's Vice Finance Minister said on Thursday 29 September that the country is still experiencing deflation and the government still needs to make the utmost efforts to beat price falls.

"In that sense, I believe we share an understanding with the Bank of Japan," Vice Finance Minister Koichi Hosokawa told a regular press conference.

"(BOJ) Governor (Toshihiko Fukui) has said (in the past) that the BOJ will stick to its quantitative easing policy until the core consumer price index clearly tur

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