Sources: Japan may declare end to deflation before 2019 tax hike - RTRS

Dhwani Mehta FXStreet

Reuters quoted government sources familiar with the matter, noting that Japan’s government may be able to declare that the economy has made a sustained exit from deflation before it implements a scheduled sales tax hike in October 2019.

One of the officials said, “Work is already underway in analyzing when the government can declare an end to deflation.”

“It would be desirable to declare an end to deflation before the sales tax hike.” another official said.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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