BOJ's Nakagawa says impact of supply constraints appeared to have peaked ... but

  • Nakagawa is a member of the Bank of Japan monetary policy baord

Mixed bag of comments,

  • Japan's exports, output continue to rise as a trend
  • impact of supply constraints appeared to have peaked but automakers' output cuts continuing
  • Japan's economic outlook remains highly uncertain from January onward
  • risks to Japan's economy skewed to downside for time being, evenly balanced thereafter
  • overseas growth, mainly emerging economies, may undershoot expectations if global monetary conditions tighten more than expected
  • upward pressure on Japan's inflation may remain strong for time being
  • Japan's core consumer inflation may approach 2% temporarily

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