While the Bank of Japan remains upbeat about the prospects of hitting its 2% inflation target, the fact that non-energy import prices have just recorded the first fall since the launch of QQE underlines the difficulties it faces. We retain our forecast that policymakers will announce more easing soon.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services