BOJ’s Kuroda: Demand in Japan has not recovered as rapidly as it has in the US

“Demand in Japan has not recovered as rapidly as it has in the US,” the Bank of Japan (BOJ) Governor Haruhiko Kuroda said in a statement on Wednesday.

Additional quotes

Japan's economy has picked up.

 High US growth has supported growth in economies across the globe.

If Japan can improve public health and the economy with vaccination certificates the services sector recovery will be more pronounced.

Recent low inflation in Japan is mainly due to unusual factors such as cuts to mobile fees.

Excluding such factors Japan's CPI is not as weak as headline figures suggest.