Japan Motegi expects consumer spending to continue to rise - monitoring CPI

Japan's economy minister Motegi says he ...

  • Expects consumer spending to continue to rise but will monitor impact from rising consumer prices

Just past 9am in Tokyo, seems a bit early to be smoking whatever it is he is smoking. Maybe he is coming off an all nighter though.

Is he aware of the (slooooowwww) rate of inflation in Japan? The admin has been banging on about it for, what, decades now?

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