Japan has not yet conquered deflation, warns the finance minister

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Japan has not yet been beaten, despite its continuous consumer prices, the largest tour of the year in three decades has increased the largest tour of the country’s finance.

Katsunobu Kato’s Horse Assessment in an Intervalancy with Financial Periods 15 months Japanese bankThe efforts to “normalize” economy and gradually gradually reprodude positive interest rates, to move the country from falling after a long war in a quarter of a century.

Kato acknowledged that Japan Rising prices lived, and other trends seemed positive, but when the government does not only see the prospect of backlings, he said he could win the deflation.

“I believe that we must pay carefully to pay away from our disagreement that Japan does not only look at consumer prices, but in comprehensive prices and the background, the deflation of Japan.

The minister represents the type of economists, when some economists are afraid and prices are increasing: “Wrong” Type: “Wrong” is managed by a weaker and high commodity costs.

Title inflation The target of BOJ over 35 plain months has exceeded 25 months and exceeded fresh food in February, except for fresh food in February, increased by 3 percent.

Last Friday, the Japanese Trade Union Confederation, a member of the 7 million employees, said that the talks are the highest salary ball in 33 years, he said.

However, salary growth is in real terms, consumer confidence was soft, and according to Teakoku Databank, companies in February have passed a smaller rate of more than July last year.

Deflectionarar said that the catho, prices, salaries or interest rates, which are a combination that prevents economic growth and preventing the country’s potential.

“It was a very slow situation,” said Kato. “But now things change. Now, in terms of increasing prices, salary and monetary policy, we see what the optimal monetary policy position for Japan now. Thus we see signs of change and normalization.”

KATO, BOJ’e waived shortly after ft Hold short-term policy proportions Last week, US President Donald Trump’s tariff threats and a great uncertainty due to risks rising to the global economic view.

The process of normalization of Boj, which ends negative rates in early 2024, followed by a small rise in July. In January 2025, Boj Raised 0.5 percent – The highest level in 17 years. Many economists have increased at least once this year.

The process of transitioning to a normal economy, Kato, said that the long-term price increase in salary is increasing.

It was to ensure that the wages of larger companies have been increased, the real problem can be transferred to the rising labor and access costs of Japanese small and medium-sized companies.

Stefan Angrik, Japanese economist in Moody’s Analytics, when the consumer price inflation revials the deflation, reflected the statements of the Cathos did not have the type of inflation they still want.

“And it’s hard to be sure to do it,” said Angrick.

The supply shock ended in the end, added, and then the more powerful domestic demand can continue to target.

“But the domestic demand is quite weak. Consumer expenses are flat in the last three years.