• JIJI

  • SHARE

The Bank of Japan is likely to adopt an inflation forecast of around 2 percent for fiscal 2020 that excludes the impact of the consumption tax hike planned for October 2019, it has been learned.

The projection will be included in the central bank’s quarterly Outlook for Economic Activity and Prices report to be released after its April 26 to 27 meeting on monetary policy, informed sources said Friday.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW