Tokyo, Oct 30, 2026 (AFP) - Bank of Japan says inflation hit 2% target after 13 years

NAMPA / AFP
2026-10-30
The Bank of Japan said Friday inflation had hit its two percent target, more than 13 years after it adopted the goal in a bid to pull the economy out of deflation. For decades successive governments struggled to pull the country out of a spiral of deflation -- sustained falls in prices that are harmful for economic growth -- and the two percent goal was set in 2013 as the BoJ launched massive monetary easing measures. Although core consumer infla......
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