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MNI INSIGHT: BOJ: Underlying Spend Trend........>

BOJ
BOJ: MNI INSIGHT: BOJ: Underlying Spend Trend Solid Despite Weak Q1
- Economic data related to private consumption for the first quarter of 2018
were weak, indicating that consumer spending temporarily lost momentum, offering
no boost to gross domestic product during the quarter.
- However, Bank of Japan officials believe the underlying trend of private
consumption remains solid and they don't see the need to change the assessment
"private consumption has been increasing moderately, albeit with fluctuations,
MNI understands. (See Main Wire At 05:55 BST 05/11)
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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