boj minutes, 2005-12-16
Members agreed that the year-on-year rate of change in consumer prices (excluding fresh food, on a nationwide basis), which had been slightly negative until then, was 0.0 percent in October, and it would turn slightly positive mainly because the effects of the reduction in telephone charges were expected to dissipate in a situation where supply and demand conditions continued improving gradually in line with economic recovery.
Sentiment: neutral
Topic: mp_inflation