Japan consumer prices continue to fall
Business News
Japans consumer prices continue to fall this month by 2.4%. This is 4 months in a row where record falls have been noted.
Deflation will continue to increase meaning less consuming spending and more debt.
The Japanese government still desperatly try and recover the situation in these hard times, however times are hard and the problem will only solve itself as time passes.
This situation has already been predicted by the Bank of Japan and if their predictions carry on to be correct will last up until March 2011. Because of this the bank is expected to further their predictions by another year with another forecast to be released by the end of October.
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