Consecutive month raising the Bank of Japan, the economy determine whether two “is picking up”

Japanese economy of feet, to be “picking up amid supply-side constraints caused by the earthquake is moderate”, Masaaki Shirakawa Governor of the Bank of Japan showed a recognition of the economy is improving.I said at the press conference of Monetary Policy Meeting after the July 12, 2011.

Increase in two consecutive months.”Signs of recovery are clear” next to the production, signs of improvement that is spreading to private demand and exports.The “uncertainty has increased somewhat for the supply constraints of power,” said the medium-to-long term, was blurred a sense of caution to delay the re-operation of the nuclear power plant.

In the Monetary Policy Meeting, it was decided unanimously to maintain its zero interest rate policy that 0 to 0.1% a year interest rate policy to support the economic recovery.

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