boj speech, 2024-12-05
Specifically, I would like to carefully confirm the state of Japan's economic recovery with reference to a wide range of data and anecdotal information, including (1) whether the level of earning power of small firms, for which recovery has trailed behind, is higher than before the pandemic, (2) whether firms are able to pass on costs to prices at a higher rate, (3) whether progress is made in stepping up business fixed investment as well as wages and bonus payments, (4) whether more small firms are making virtuous wage hikes, (5) whether households' thriftiness has improved, and (6) whether Japan's exports have become more competitive.
Sentiment: neutral
Topic: mp_economic_activity