The direct effects of the "Go To Travel" campaign on the CPI are estimated to be minus 0.2 percentage point for fiscal 2020 and 0.1 percentage point for both fiscal 2021 and 2022. Source: Bank of Japan. 6  Chart 7  I.
Developments in Economic Activity and Prices  Consumer Prices Inflation Rate and Output Gap  Consumer Price Index (CPI) 4  y/y % chg.