30 October 2001, 10:12  Shiokawa prefers CPI stabilizing at around 0%

TOKYO - Finance Minister Masajuro Shiokawa said Tuesday he wants the consumer price index (CPI) to stabilize at around zero percent because continuous price falls would have a negative impact on the nation's economy. Speaking at a regular press conference, Shiokawa also said he wants to conduct tax reforms in ways that will boost the stock market and stimulate activities of small and medium-size firms.

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