Abe loses public support as prices increase

Source: Bloomberg
© Scanpix/Reuters
Shinzo Abe's efforts to return the country back to inflation may go too far away from the plan, as the price level in Japan has already begun to rise significantly. Moreover, the sales tax advance from 5% to 8% may lead to even more considerable inflationary pressure. As predicted by most accurate economists, prices may add, on average, 3.5% in April, more than the government target of 2%.
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