Japan's economy is likely to continue recovering moderately, supported by factors such as an increase in consumption, although it is expected to be pushed down by a slowdown in the pace of recovery in overseas economies. Inflation is likely to decelerate and then accelerate again moderately. The year-on-year rate of increase in the CPI is likely to decelerate, with a waning of the effects of a pass-through to consumer prices of cost increases led by the past rise in import prices. Thereafter, the rate of increase is projected to accelerate again moderately on the back of economic improvement and a rise in wage ... (full story)