Japan is escaping deflation, the government said on Friday as data showing rising prices, falling unemployment, higher incomes and factory activity gathering momentum pointed to an ongoing recovery in the world's third-largest economy.
Prime Minister Shinzo Abe and the Bank of Japan have gambled on massive fiscal and monetary stimulus to spark life into the economy, and the accumulating signs of an upswing are seen strengthening the case for a planned sales tax increase.
Friday's data painted a brightening picture for a country seeking to escape 15 years of debilitating deflation: core consumer prices posted their biggest rise in nearly five years, unemployment fell to its lowest since late 2008, factory output rose and is expected to rise further, and workers' incomes rose.
"Japan is escaping from deflation," Economics Ministers Akira Amari told reporters.
Pessimists have argued that the benefits of "Abenomics," a three-pillar strategy of fiscal and monetary stimulus combined with a long-term growth strategy, may be short-lived and won't prompt companies to spend more on investment and wages.
And while the rise in prices has been driven largely by higher electricity bills and a weaker yen that has pushed up import costs, the job market strength and rising incomes bode well for personal consumption, which has been a key driver of the recovery.
Shibuya Ward, Tokyo, became on Tuesday the nation's first municipality to adopt an ordinance allowing it to issue certificates recognizing same-sex relationships as being "equivalent to marriage." (Japan Times)
In the wake of the suspicious crash of a Germanwings jet, the transport ministry is moving quickly to require all Japanese airlines to have two crew members in the cockpit at all times during flights. (Asahi)
The Japanese government said Monday it will send up to 142,600 personnel in emergency teams within 72 hours to 10 prefectures that are expected to suffer tremendous damage in the event of a major earthquake at the Nankai Trough off Japan's Pacific coast. (Jiji Press)
Three employees of a nursing home in Nagoya have been arrested on suspicion of physically abusing a 93-year-old female resident and taking a video of their act with a mobile phone, police have said. (Japan Times)
Public prosecutors demanded Tuesday that former Aum Supreme Truth cult member Katsuya Takahashi, 56, be sentenced to life in prison for his roles in the 1995 deadly sarin nerve gas attack on Tokyo's subway system and other crimes by the doomsday cult. (The Japan News)
An elementary school teacher in Hyuga, Miyazaki Prefecture, has been arrested after it was discovered that he had lied to a newspaper reporter regarding the presence of a foreign substance in a rice ball ("onigiri") lunch that he purchased at a convenience store. (Japan Today)
In the first application in Tokyo of a law that seeks to restrict the distribution of sexually explicit content for revenge purposes, police on Friday announced the arrest of a 50-year-old male for releasing illicit images of his former girlfriend, reports the Sankei Shimbun (March 27). (Tokyo Reporter)