You are here

Officially spurred inflation could turn around, bite Japan in 2015: economists

Various factors including higher wage expectations are set to put accelerating upward pressure on prices

BT_20141222_ARBOJ22_1422754.jpg
Japan slid back into recession in the third quarter of this year but that was due to a hike in the national sales tax in April. Economists say growth should pick up again in 2015 now that a second tax hike has been postponed.

Tokyo

IF Bank of Japan (BOJ) governor Haruhiko Kuroda has a New Year wish, it would likely be for the central bank to get closer to its 2 per cent annual inflation target in 2015. But while that remains top priority for now, some officials within the bank are beginning to acknowledge the...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes