Financial Times (March 29)
2013/ 03/ 31 by jd in Global News
“The challenge facing Japan’s new leadership in escaping from economic stagnation and deflation was underscored on Friday as data showed further declines in consumer prices and an unexpected contraction in factory output. Haruhiko Kuroda, the new governor of the Bank of Japan, could struggle to reach his goal of generating 2 per cent inflation in two years, analysts said, after the government data indicated core consumer prices fell 0.3 per cent in February compared with a year earlier.”
Tags: BOJ, Consumer prices, Deflation, Economy, Factory output, Inflation, Japan
