Weak demand, prudent pricing keeping inflation low in Japan

© . FILE PHOTO: Bank of Japan Vice Governor Masayoshi Amamiya speaks at a Newsmaker event in Tokyo, Japan, July 5, 2019. REUTERS/Issei Kato TOKYO () – Weak pent-up demand from Japanese households and cautious pricing behavior by companies are likely one of the factors keeping inflation low, Bank of Japan deputy governor Masayoshi Amamiya said Tuesday. “General demand in Japan has been relatively weak and the shift in demand from services to goods has been somewhat slow,” Amamiya said. “Japan has therefore not seen a rise in commodity prices like that seen in the United States,” he said in opening remarks at a BOJ-hosted workshop with academics held to look at structural factors behind the country’s low inflation. . Disclaimer: Fusion Media would like to remind you that the data on this website is not necessarily real-time or accurate. All CFDs (Stocks, Indices, Futures) and Forex prices are not provided by exchanges but rather by market makers, and therefore prices may not be accurate and may differ from the actual market price meaning prices are indicative and not suitable for trading purposes . Therefore, Fusion Media does not bear any responsibility for any trading losses that you may incur as a result of using this data. Fusion Media or anyone associated with Fusion Media assumes no liability for any loss or damage resulting from reliance on any information, including data, quotes, charts, and buy/sell signals on this website. Be fully informed about the risks and costs associated with trading the financial markets, it is one of the riskiest forms of investment possible.

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