日本經濟

Japan set to beat deflation, says Abe

Shinzo Abe committed Japan to much faster and deeper economic reform yesterday, as he declared in Davos that his country was about to “break free” from years of deflation.

In a passionate address in English to open the World Economic Forum, Japan’s prime minister focused on his plans to add structural reforms to loose monetary policy and fiscal flexibility – a third arrow of “Abenomics” – but also addressed Tokyo’s strained relationship with Beijing and Seoul.

“Japan’s economy is just about to break free from chronic deflation,” said Mr Abe, predicting higher wages and consumption.

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