BOJ's Fukui sees hope for prices

The governor of the Bank of Japan, Toshihiko Fukui, said on Sunday 2 May that he saw hope for ending six years of falling prices as early as the end of the current fiscal year, which began April 1.

"Thinking logically, there is hope that we can overcome deflation during the period from the end of this fiscal year into next fiscal year," Fukui said on NHK television. "Still, it's difficult to predict how the environment will change, so it's too early to say for sure."

Fukui said last week that it

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