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Japan govt acts as prices fall further in Oct

Abe confirms supplementary budget to be tabled next month

Published Fri, Nov 27, 2015 · 09:50 PM

Tokyo

JAPANESE Prime Minister Shinzo Abe confirmed on Friday his government will introduce a supplementary budget next month expected to be worth over 3 trillion yen (S$34.4 billion) after news that core consumer prices fell for a third straight month in October as household spending also dropped unexpectedly.

The additional government spending comes at a time of uncertainty over whether the world's…

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