Seiji Adachi
Seiji Adachi
confidence effect factors giving increase jump last month next percent policy year
It's going just as everyone has been expecting. We'll probably see the year-on-year (CPI) increase jump to 0.3 or 0.4 percent next month as the effect of one-off factors last year fades, giving the BOJ more confidence about a policy change.
output slightly weaker worry
Output was slightly weaker than expected, but I wouldn't worry too much.
form hands instead
I think they won't want to have their hands tied. They will probably opt for something in the form of statements, instead of numbers.
backlash last mainly momentum powerful
It's mainly a backlash from the powerful momentum of the last half-year.
albeit capital corporate earnings economic household pace recovery slightly slower spending strong supporting
A domestic-demand-driven economic recovery is continuing, albeit at a slightly slower pace in Q3. Strong corporate earnings are fueling capital spending and spilling over to the household sector, supporting consumption.
consumer due expect further growth improvement job key last played quarter quite recently role solid spending strong supporting trend underlying wage
The underlying trend of consumer spending has been quite solid recently due to the improvement in the job and wage market. Consumption was strong last quarter and played a key role in supporting growth and we can expect further growth from consumption this year.
calm gains oil prices prospect time
There is no prospect that gains in oil prices will calm down any time soon.