This is definitely the year in which Japan will end its deflationary spiral.
That is the general sentiment among Japanese business leaders, including Japan Business Federation Chairman Sadayuki Sakakibara.
"We've got to establish a way to revitalize the Japanese economy this year," Sakakibara said at a news conference in Tokyo earlier this month. "We likely saw positive economic growth in the October to December period and will also have positive growth in the January to March period. Company earnings are good, unemployment is low, oil prices are down and consumption will expand."