Tanigaki says economy still in moderate deflation

Japan is still in ``moderate deflation'' and policy makers should keep attempting to overcome it, Finance Minister Sadakazu Tanigaki said on Tuesday 26 April.

Tanigaki made the comments at a regular press conference in Tokyo after the Cabinet met.

Core consumer prices in Japan fell 0.3 per cent in March from a year earlier, the government said Tuesday, indicating mild but stubborn deflation was lingering in the world's second-largest economy.

March was the sixth month running for a year-on-year

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