The retail sales of Japan had reportedly risen in the month of January by about 2.6 per cent for the very first time in the past 17 months and it was reported that the factory output too had increased by 2.5 per cent in the same month.

It is an interesting fact that the industrial output has been on the rise for 11 months continuously and it was basically due to the demand which has also been rising from its largest export market which is China.

The most interesting part in the whole thing was that the consumer prices had fallen for the eleventh consecutive month. The key consumer price index of the company had also slumped by about 1.3 per cent at the end of the month of January.

The exports from Japan to China brought to light the high demand in construction material and also vehicles. With deflation being a very persistent problem in Japan, there are also no options to reduce the rates in process of stimulating growth as the interest rates of the country are just a little above zero.