Wednesday, April 18, 2007

BOJ to say Japan's inflation will accelerate-sources

(Reuters) - Based on that assumption, the central bank will probably forecast a core CPI rise of 0.2 to 0.3 percent for the current fiscal year that started in April, and 0.5 to 0.6 percent in 2008/2009, compared with almost zero growth in the previous fiscal year, the sources said.

The BOJ will release the outlook report on economic and price developments on April 27. In that report, nine board members provide their estimates for economic growth and prices.


Read more at Reuters.com Economic News

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