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Japan govt says country nearing end to deflation

Last Updated: Thursday, August 15, 2013, 09:32

Japan is approaching an end to deflation, the government said on Thursday, offering its most upbeat view on prices in nearly four years as a steady pick-up in the economy allows more companies to pass on rising costs to consumers.

Food deflation to end in a few weeks: Basu

Last Updated: Saturday, January 7, 2012, 21:27

The recent deflation in food prices is expected to continue for the next few weeks, following which a scenario of low inflation in food prices will be witnessed from February, Chief Economic Advisor Kaushik Basu said on Saturday.