BOJ, Cabinet Office in tug of war over Japan's GDP data
Customers browse at a large consumer electronics retailer in Tokyo. Following the consumption tax increase in spring 2014, Japan's Cabinet Office and central bank have differed over the way to calculate statistics.
YUMIKO OSHIMA and JUN ISHIKAWA, Nikkei staff writers | Japan
TOKYO -- Debate on how to calculate Japan's economic health has been heating up between the Bank of Japan and the Cabinet Office just when the government released preliminary data on gross domestic product in the April-June quarter on Monday.
The exchange of words between economists considered to be GDP experts at the BOJ and Cabinet Office reveals problems long faced by Japanese statisticians.
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