BOJ’s Kuroda: Japan's economic recovery to become clearer as pandemic's impact fades

Japan's economic recovery to become clearer as pandemic's impact fades.

Japan's economy picking up as trend although it remains in severe situation due to coronavirus impact.

Exports, output are being affected by supply constraints but continue to rise.

Consumption continues to stagnate at low levels.

Pace of recovery in consumption uncertain as depends on pandemic developments.

Expect CPI to rise gradually on economy's improvement and fading effects of lower mobile phone fees.

Inflation trend remains firm.

Corporate funding remains severe among service-sector firms hit by the pandemic.

Won't hesitate to ease policy further if necessary.

more to come,,,