Japan Not Planning Deflation Declaration Despite Hopes to End Era of Falling Prices
• Report that Japan considering declaring an end to deflation, turning page on long stagnation • Economy Minister denies report, says not currently thinking about such declaration • Focus is ensuring wages grow faster than inflation, avoiding return to falling prices • Finance Minister also denies truth of report that Japan planning deflation declaration • Comes amid growing bets Bank of Japan will exit ultra-easy monetary policy