BOJ's Kuroda: Weak yen contributing a lot to price gains

BOJ's Kuroda: Weak yen contributing a lot to price gains

TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Friday that a weak yen & high energy prices are contributing a lot to gains in consumer prices.

Kuroda, speaking in the lower house financial affairs committee, moreover said that gains in consumer prices are spreading to a broader range of goods, indicating that domestic demand is expanding.

(Reporting by Stanley White; Editing by Dominic Lau)

udget, Tax & EconomySingapore International News

Source: “Reuters”

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