Japan exports boom in November, but inflation not following script
Combination means BOJ will lag other major central banks in exiting crisis-era monetary stimulus
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Tokyo
JAPANESE exports accelerated sharply in November, yet again pointing to growing momentum in the world's third biggest economy. There was just one catch: inflation remained stubbornly low and well off the central bank's 2 per cent target.
The combination of steady growth and benign consumer prices means that the Bank of Japan will lag other major central banks in exiting crisis-era monetary stimulus, with analysts widely expecting Bank of Japan (BOJ) governor Haruhiko Kuroda to keep the liquidity tap wide open at a meeting later this week.
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