Mikihiro Matsuoka on Japan Inflation, BoJ Outlook and Debt Problems
Macro Hive Conversations With Bilal Hafeez
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CPI - Decline in CPI
Japan has a massive oil importer as well. There are several types of government information in terms of price setting. One is that governments have decided to give some subsidies to the intermediaries in the processing of the field into retail gas stations, and that is considered to be a decline in CPI-based field prices. So that kind of intervention tends to decrease CPI to some extent. I think this is also, and the similar is happening in France,.
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