TOKYO (Reuters) - Prime Minister Shinzo Abe said on Monday that he will carefully watch the impact of April's sales tax hike and rising fuel prices on the economy, as he must decide by year-end whether Japan can cope with a second tax increase next year.
Speaking at the opening of a parliament session, Abe reiterated his pledge to put top priority on economic policy aimed at beating nearly two decades of deflation, saying that he is still at the halfway point in carrying out regulatory reforms.
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