BOJ Outlook for economic activity & prices, Oct 05

The Bank of Japan published the English version of its October 2005 Outlook for economic activity and prices report on 1 November. In the report the BOJ forecast consumer prices would rise this fiscal year and next, and it said chances of a policy shift would grow over the course of the year starting next April.

"Year-on-year rises in consumer prices excluding fresh food costs are expected to accelerate in January-March 2006 after either flattening out or rising slightly around the end of the

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