boj minutes, 2024-04-26
With regard to the outlook for the year-on-year rate of increase in the CPI (all items less fresh food), while the effects of the pass-through to consumer prices of cost increases led by the past rise in import prices were expected to wane, the rate of increase was projected to be pushed up through fiscal 2025 by the effects of the recent rise in energy prices and a waning of the effects of the government's economic measures pushing down CPI inflation.
Sentiment: neutral
Topic: mp_economic_activity