Opinions on Economic and Financial Developments Economic Developments • Japan's economy, despite being affected by factors such as past high commodity prices, has picked up as private consumption, for example, has increased moderately. Although the economy is likely to recover moderately, attention needs to be paid to factors such as developments in overseas economies. • The domestic economy has been resilient on the whole. A business sentiment indicator has been higher than the break-even point between improvement and deterioration, and firms' positive stance toward business fixed investment has been maintained. • ... (full story)