boj minutes, 2004-10-29
This was because, although the year-on-year rate of change in consumer prices (excluding fresh food, on a nationwide basis) was 0.0 percent in September owing to the rise in prices of petroleum-related products such as gasoline, consumer prices remained unlikely to rise due to the increase in productivity and to firms' continuing to restrain their labor costs, and also because rice prices were projected to start declining from October on a year-on-year basis.
Sentiment: neutral
Topic: mp_inflation