In a recent interview with the Financial Times, Japanese Minister of Finance Katsunobu Kato mentioned that Japan had yet to combat deflation despite rising consumer prices and a surge in wages. Kato ...

The Bank of Japan could say this month that ... the wholesale price index that loosely tracks the consumer price index, fell 0.7 percent in the year to March after falling 0.8 percent in February.

The three other indicators the government looks at in judging whether Japan has completely exited deflation are the consumer price index, GDP deflator and unit labour costs. The BOJ has exited a ...