Japan's deflation coming to an end: MOF's Furusawa

Japanese Prime Minister Shinzo Abe announces the hike Japan's sales tax at a press conference at his office in Tokyo on Oct 1, 2013. Japan's economy is expanding and deflation is coming to an end due to Mr Abe's "Abenomics" stimulus policies, the cou
Japanese Prime Minister Shinzo Abe announces the hike Japan's sales tax at a press conference at his office in Tokyo on Oct 1, 2013. Japan's economy is expanding and deflation is coming to an end due to Mr Abe's "Abenomics" stimulus policies, the country's top financial diplomat said on Nov 25. -- FILE PHOTO: AFP

TOKYO (REUTERS) - Japan's economy is expanding and deflation is coming to an end due to Prime Minister Shinzo Abe's "Abenomics" stimulus policies, the country's top financial diplomat said on Monday.

"Real GDP (gross domestic product) is growing, deflation is coming to an end, business confidence is improving and corporate profits are picking up," Mitsuhiro Furusawa, vice finance minister for international affairs, said at a forum.