Worries voiced on Japan stagflation risks
While the one-year verdict on Abenomics is positive, industry figures question its sustainability at an AsianInvestor forum, with wage growth forecast at 1% and inflation at 3%.
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Abenomics has been a great success so far, but market experts are questioning its sustainability amid signs that stagflation risks are starting to emerge, a forum heard in Tokyo this week.
So far so good was the general verdict from panelists in a debate on the effectiveness of Abenomics at AsianInvestor’s third Japan Institutional Investment Forum. (Last year's event had provided an initial view of Abenomics.)
Hiroki Tsujimura, chief investment officer at Nikko Asset Management…
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