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Japan election could be won on inflation

Inflation is one of the hottest topics in Japan and politicians' plans to address the issue may sway the result of the forthcoming election.

Japan's latest inflation figures reveal prices were flat in October compared with a year ago.

The figure would be an enviable one for many developed economies but in Japan stopping prices falling - not rising - is the biggest monetary policy headache - after all, why buy something this month when it could fall in price next month?

Politicians are gearing up for elections later this month.

As Rupert Wingfield-Hayes reports, inflation, or rather deflation, is right at the heart of that upcoming election.