Japan’s consumer price inflation is expected to fall below 2% next year | So Good News

Bank of Japan Governor Haruhiko Kuroda said on Thursday that Japan’s economy is doing well and is expected to recover due to the crisis and the easing of the epidemic.

Important words

Japan’s economy is expected to rise again due to the problems it brings, the epidemic is slowing down.

Doubts about Japan’s economy are high,

They should be aware of the effects of fx, market movements in the economy, and prices.

The BoJ will keep an easy monetary policy to keep it steady, and ideally achieve 2 percent inflation in line with wage growth.

Japan’s consumer price inflation is expected to fall below 2% next year.

Inflation in Japan’s consumer prices recently exceeded 2% but this is driven by companies raising export prices to consumers.

They must leave the opportunity for policy responses to ensure that Japan does not return to deflation.

We may be seeing a slight reversal in the cautious attitude of the companies that caused the long-term decline.

More to come…