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Japan's Motegi: need to look at several indicators to declare end of deflation

Reuters  |  TOKYO 

(Reuters) - Japanese Minister Toshimitsu said on Friday the needs to look at several economic indicators to determine if it is appropriate to declare an end to

spoke in response to a question on whether consumer prices need to reach the Bank of Japan's 2 percent target in order for the to officially say the country is out of

Motegi, speaking to reporters, said the is heading out of deflation, but the needs to carefully examine whether this trend will continue.

(Reporting by Stanley White; Editing by Chris Gallagher)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, January 12 2018. 06:57 IST