The Bank of Japan said Tuesday that it will organize workshops on price stability that will be open to market players, businesspeople, academics and government experts.
In its first meeting, scheduled for April 19, the group is expected to exchange views on various price issues, particularly the recent falling trend linked to structural changes in the economy, the central bank said.
The workshop was formed in line with a report issued in October in which the BOJ said its nine Policy Board members will release twice a year their statistical forecasts on the economy's growth plus wholesale and consumer prices.
The gathering will be held three times by autumn this year and a summary will be made public on the BOJ's Web site. The group is not expected to compile an official report, it said.
The provisional themes for the three meetings are: Issues concerning the measurement of prices; the decline in prices and its implications for economic activities; and monetary policy amid uncertainty over price stability.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.