boj minutes, 2021-09-22
Looking at developments in private consumption for August based on anecdotal information from firms and high-frequency indicators, it seemed to have turned to a decline on the whole; specifically, consumption of durable goods continued to decrease, while that of nondurable goods and services had declined again, reflecting an expansion in areas where the government had declared its fourth state of emergency and given the reduced frequency of people going outside, both of which were due to the spread of the Delta variant.
Sentiment: neutral
Topic: mp_economic_activity