Semiannually, in April and October, the Bank of Japan releases the Outlook for Economic Activity and Prices, known as the Outlook Report, in which it makes public its forecasts for economic activity and prices for the next two to three years, the background for its forecasts, and the associated risk factors.
My speech today will from time to time refer to this report, in particular the October 2010 Outlook Report. A. Economic activity  Real GDP growth for the July–September quarter of 2010 was relatively strong. Recent developments in production, however, indicate that the economic recovery seems to be pausing.