BOJ Quarterly Report Core Inflation To Slow Down

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BOJ Quarterly Report: Core Inflation To Slow Down.

  • Japan's economy is likely to continue recovering moderately for the time being
  • The rate of increase in CPI is likely to decelerate
  • But it is projected to accelerate again moderately as the output gap improves and as
    medium- to long-term inflation expectations and wage growth rise
  • There are extremely high uncertainties for Japan's
    economic activity and prices
  • The balance of risks to economic activity are skewed to the downside
  • Risks to prices are skewed to the upside
  • Full report

BOJ Quarterly Report Core Inflation To Slow Down

Here are the changes in estimates made by BOJ policymakers as compared to their previous report in April:

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