BoJ: Outlook for Economic Activity & Prices Apr 05

The Bank of Japan has published the English version of its April 2005 Outlook for Economic Activity and Prices report. The report says Japan's economy remains on a recovery trend, despite a recent pause due partly to adjustments in production and inventories in IT-related sectors.

Looking forward, Japan's economic recovery is likely to gradually gather momentum from the middle of 2005 as the effects of adjustments in IT-related sectors diminish, and growth in fiscal 2005 is expected slightly to

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