The Economist (August 29)
2015/ 08/ 30 by jd in Global News
“After two years of remission, Japan seems likely to sink back into the ‘chronic disease’ of deflation…. New data are expected to show on August 28th that core CPI, the central bank’s preferred indicator of inflation, turned negative in July for the first time since the bank launched a big programme of quantitative easing… in April 2013.” Fortunately, better-than-expected data caught economists by surprise, showing level prices so Japan remains out of inflation, though just barely.
Tags: BOJ, CPI, Deflation, Inflation, Japan, Prices, Quantitative easing, Remission
