Mumbai, March 7 -- Japan is set to officially declare the end of its long-term deflation, economy minister Ryosei Akazawa said on Friday, signaling a major shift in the country's economic stance. For the first time, all four critical indicators-consumer prices, GDP deflator, unit labor costs, and the output gap-have turned positive, reinforcing confidence in Japan's recovery. The government now sees stronger wage growth and stable consumption, ending years of economic stagnation. Akazawa stressed the need for continued coordination with the Bank of Japan to keep inflation sustainably above the 2% target. The central bank already raised interest rates to 0.5% in January 2025 after wrapping up a decade-long stimulus program, and this fresh op...