boj minutes, 2023-12-19
The year-on-year rate of increase in the consumer price index (CPI, all items less fresh food) was 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 percent recently owing to the effects of a pass-through to consumer prices of cost increases led by the past rise in import prices.
Sentiment: neutral
Topic: mp_inflation