Japanese PM announces end of deflation time

Source: Bloomberg
© Scanpix/Reuters
The Prime Minister of Japan Shinzo Abe announced on Tuesday that the long-term deflation period in the country has come to the end, helped by broad monetary easing, as well as the growth strategy and attractive fiscal policy to encourage investment. Among further stimulus measures, the government plans to cut business tax, liberalize trade and reduce several barriers in agricultural sector.
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