[Domestic Business Cycle]

(1) Kuroda:Economy recovering moderately(10/20) ***

The Japanese economy is continuing a moderate recovery, although effects of slowdowns in emerging economies have been seen on exports and production, Bank of Japan Gov. Haruhiko Kuroda said Monday.

Kuroda also said the year-on-yeat growth rate of Japan’s core consumer price index, which excludes fresh food prices, is expected to remain almost flat for the time being.

The central bank will keep its quantitative and qualitative monetary easing policy unchanged as long as needed to achieve its 2 percent inflation target, Kuroda emphasized.(Reference: Japan News by The Yomiuri Shimbun)

[国内景気動向]

(1)日銀黒田総裁、経済は穏やかに回復している(10/12) ***

新興国経済の減速の影響が輸出と生産にみられるが、日本経済は穏やかに回復していると、黒田日本銀行総裁は月曜日に述べた。

黒田総裁は、生鮮食品を除いた日本の消費者物価指数の前年比伸び率は、当分ほとんどゼロにとどまるとの予想であるとも述べた。

2%のインフレターゲットの達成には、中央銀行は量的・質的金融緩和政策を不変に継続すると、黒田総裁は強調した(参考文献:ジャパン・ニューズー読売新聞)。