boj minutes, 2021-04-27
They also shared the view that, although weakness in demand amid the situation of COVID-19 was projected to have an impact on prices, firms' price cuts that aimed at stimulating demand had not been and were not likely to be observed widely, given that one of the reasons for the decrease in demand was vigilance against COVID-19 and that there had been supply-side constraints and cost increases because of having taken preventive measures against COVID-19.
Sentiment: neutral
Topic: mp_inflation