February 21, 2014 / 5:28 AM / in 4 years

BOJ's Kuroda: Weak yen contributing a lot to price gains

Haruhiko Kuroda, Governor of the Bank of Japan speaks during a session at the World Economic Forum (WEF) in Davos January 25, 2014.Ruben Sprich

TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Friday that a weak yen and high energy prices are contributing a lot to gains in consumer prices.

Kuroda, speaking in the lower house financial affairs committee, also said that gains in consumer prices are spreading to a broader range of goods, indicating that domestic demand is expanding.

Reporting by Stanley White; Editing by Dominic Lau

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below