Bank of Japan Monthly Report, December 2006

The Bank of Japan published the English version of its December 2006 monthly report on Thursday 21 December. In the report the BOJ said the economy continues to expand moderately although growth in consumer spending has been modest.

"Japan's economy is expanding moderately," the central bank said in its report for December, repeating the same wording it used a month earlier.

Of key parameters, the BoJ said fixed-asset investment by businesses, which accounts for around 15 pct of the economy,

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