Japan to pull out of deflation in FY 2006: gov't

Japan to pull out of deflation in FY 2006: gov't

TOKYO, Japan - Prime Minister Junichiro Koizumi presides over his Cabinet session at his office on Jan. 20, flaked by Foreign Minister Taro Aso (L) and Finance Minister Sadakazu Tanigaki (R). The Cabinet endorsed the government's economic outlook for fiscal 2006, which projects the nation's economy will pull out of deflation during the year with the nominal growth rate outpacing the real growth rate for the first time since fiscal 1999.

  • Product Code
  • ILEA001112892
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  • Kyodo / Kyodo News Images
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  • 2006 Kyodo News
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