Japan Economy Minister Akazawa was asked about the revised Q3 GDP data:
says while Japan has not emerged from deflation, a virtuous cycle of wage hikes and passing-through of prices has begun
***
This data was released on Monday, a bit of welcome new for Japan:
Japan Q3 Revised GDP +0.3% q/q (prelim was +0.2%)
This article was written by Eamonn Sheridan at www.forexlive.com.
