boj speech, 2024-06-06
Turning to prices, although the effects of the pass-through to consumer prices of cost increases triggered by past rises in import prices are waning, lingering indirect effects remain; in addition, the effects of government support measures against price increases have run their course and services prices have continued to rise moderately, so that the year-on-year rate of increase in the consumer price index (CPI) for all items less fresh food has been in the range of 2.0-2.5 percent recently.
Sentiment: neutral
Topic: mp_inflation