boj minutes, 2021-06-18
With regard to prices, both the year-on-year rate of change in the personal consumption expenditure (PCE) deflator for all items and that for all items excluding food and energy had been somewhat significantly above 2 percent due to the base effect of the previous year's declines and the impact of temporary bottlenecks on the supply side that reflected the rapid resumption of economic activity.
Sentiment: neutral
Topic: mp_economic_activity