Japanese Economic Minister Shindo

  • Must carefully monitor whether output gap to remain in growth territory
  • Japan's consumption turned to contraction due to inflation, seen unstable
  • Important for currencies to move in stable manner reflecting fundamentals
  • Won't comment on forex levels
  • Weak yen has various effects on economy such as raising import costs for consumers, improving competitiveness of exporters

Adding to remarks earlier from the fin min:

Japanese Economic Minister Shindo