A labour tonic for Japan's persistent deflation flu

While Abenomics has the Japanese economy humming, inflation is still in negative territory. Structural reforms, especially in the labour market, could give the CPI a kick.

VoxEU.org

Abenomics is all the rage – Japan grew at 3.5 per cent in the first quarter, the stock market is up, sentiments, consumption and exports are all picking up – even if recent stock-market performance has created some uncertainties.

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