Japan economy minister Nishimura says government and BOJ will cooperate to ensure no deflation

Japan eco min Nishimura commenting following the abysmal (in terms of way below target) inflation data out earlier:

• will cooperate with BOJ to ensure japan will not return to deflation
• policies to prevent coronavirus spread are curbing demand, there are obviously various economic effects including prices

Data:

• Tokyo headline inflation (April) 0.2% y/y (vs. expected 0.2%)