During representative questioning at a plenary meeting of the House of Representatives on the afternoon of the 8th, Prime Minister Takaichi Sanae (高市 早苗) said that the Japanese economy was not in a state of deflation and that the current situation did not call for reflationary policy.
On the afternoon of the 8th, Prime Minister Takaichi Sanae (高市 早苗) discussed the current state of the Japanese economy during representative questioning at a plenary meeting of the House of Representatives.
The Prime Minister said, "The Japanese economy is not in deflation in the sense of prices falling persistently," and indicated that the current situation was not one requiring reflationary policy.
The remarks were reported as reiterating the government's view on the assessment of price trends and the timing for applying economic stimulus measures.