30 October 2001, 10:12 Shiokawa prefers CPI stabilizing at around 0%
TOKYO - Finance Minister Masajuro Shiokawa said Tuesday he wants
the consumer price index (CPI) to stabilize at around zero percent
because continuous price falls would have a negative impact on the
nation's economy.
Speaking at a regular press conference, Shiokawa also said he
wants to conduct tax reforms in ways that will boost the stock
market and stimulate activities of small and medium-size firms.
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