But special factors, such as a reduction in fixed telephone fees, kept the growth down to 0.1 percent.
More Quotes from Takuji Aida:
The Bank of Japan has already laid out a map on how it will alter its policy framework, and financial markets are factoring that in. Opposition from the government and politicians to the central bank will probably continue at least through the end of March.Takuji Aida
The number is still in line with an overall rising trend.
Takuji Aida
The functions of credit creation will strengthen amid increasing demand for funds linked to mergers and acquisitions and expectations for higher interest rates.
Takuji Aida
The shrinking trade balance isn't a bad thing because it's partly a result of strong domestic demand. Given that domestic demand is driving the economy, the rise in oil prices alone isn't enough to derail growth.
Takuji Aida
Consecutive gains of core prices provide strong evidence that Japan is finally shaking off a long bout of deflation. It won't be a surprise if the Bank of Japan makes a policy turn even before April.
Takuji Aida
We anticipate Japanese companies will try to compete in hiring good workers, driving up wages. Improving employment and rising wages will support demand, prop up economic growth and spur inflation.
Takuji Aida
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