boj minutes, 2023-06-16
The year-on-year rate of increase in the consumer price index (CPI, all items less fresh food) had been slower than a while ago, mainly due to the effects of pushing down energy prices from the government's economic measures, but it had been at around 3.5 percent recently owing to the effects of a pass-through to consumer prices of cost increases led by a rise in import prices.
Sentiment: neutral
Topic: mp_economic_activity