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.
More Quotes from Takuji Aida:
With economic growth being driven by consumer spending, the Bank of Japan will want to end quantitative easing soon to avoid the risk of the economy overheating.Takuji Aida
For the economic recovery to be sustainable, domestic demand needs to strengthen and the consumer prices need to show consistent gains. Both of these factors are most directly influenced by wages.
Takuji Aida
But special factors, such as a reduction in fixed telephone fees, kept the growth down to 0.1 percent.
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
The number is still in line with an overall rising trend.
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
Readers Who Like This Quotation Also Like:
Based on Keywords: bout, deflationIf you dream and you believe, you can do it.
Puff Daddy
Painting is the most magical of mediums. The transcendence is truly amazing to me every time I go to a museum and I see how somebody figured another way to rub colored dirt on a flat surface and make space where there is no space or make you think of a life experience.
Chuck Close
We lived within two hundred yards of the sea, and its voice was in our ears night and day.
Edward Carpenter