This article doesn’t seem to know much about the Japanese economy.
Their inflation “surge” is to 0.7% last quarter.
Japan with their aging population has been struck with deflation for the last 20 years, and no matter how much they spend they can’t seem to create inflation.
A can of beer costs the same today as it cost when I moved to Japan in 1985 !
The question is why would they? They've lost their minds.
A mild deflation means that your money is growing in value. They Keynesian disease has taught us that deflation is a bad thing -- it isn't. And it sure beats a currency losing more and more of its value every day.