BoJ board members fear structural problems behind sluggish exports

bank-of-japan

Some members of the Bank of Japan's policy board raised concerns that "structural factors" could be behind the slow growth in exports, according to minutes from its June meeting, published last week.

During the past couple of months the board members have noted that exports have "more or less" levelled off – though there is consensus they will "increase moderately" in the second half of the year.

Nonetheless, the policy board is split on why export growth has tailed off.

A few members suggested

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