Japan economy minister Amari: Biggest reason for GDP drop is private inventory adjustment

Japan economy minister Amari comments reported via Bloomberg:

• Inventories affected GDP
• Biggest reason for GDP drop is private inventory adjustment
• Inventory adjustment has positive aspects
• Confidence decline, bad weather affected consumption
• Effects of sales-tax rise bigger than expected

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More (more from Amari via Reuters):

• Up to PM Abe to decide if to delay sales tax hike, call election
• Cannot say Japan is already in recession as corporate profit remains strong