They have increased exports of a wide variety of goods – including capital goods and parts, automobiles, IT-related goods, and consumer goods – to an increasing number of countries. This strong performance of Japanese firms in the global market has led them to expect higher demand growth, thus accelerating business fixed investment.
•  Both total and core inflation are expected to remain subdued in coming quarters before gradually rising to 2 per cent by mid-2015 as the economy returns to full  BIS central bankers’ speeches  1  capacity, the special factors subside, and inflation expectations remain wellanchored.