The Bank of Japan announced the latest economic and price outlook at the monetary policy meeting until the 27th.
Of these, the outlook for prices for this year, which is shown in the consumer price index excluding fresh food, was + 0.1% at the median outlook of policymakers, down from the previous = + 0.5% as of January. I did.
After that, the price outlook for the next fiscal year = 2023 was shown for the first time, and the median outlook of the policymakers was set at + 1.0%.
The current term of office of Governor Kuroda is until April 8, 2023, and the Bank of Japan has shown that it is currently difficult to achieve the price target of 2% during this term.