Japan's Economy Minister discusses Q3 GDP data - start of a wage and price cycleJapan Economy Minister Akazawa was asked about the revised Q3 GDP data:
- says while Japan has not emerged from deflation, a virtuous cycle of wage hikes and passing-through of prices has begun
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This data was released on Monday, a bit of welcome new for Japan:
This article was written by Eamonn Sheridan at www.forexlive.com.
Source: Japan's Economy Minister discusses Q3 GDP data - start of a wage and price cycle (https://www.forexlive.com/news/japans-economy-minister-discusses-q3-gdp-data-start-of-a-wage-and-price-cycle-20241209/)