Overall, emerging economies other than the Chinese economy and commodity-exporting economies also remain in a situation of deceleration, as the effects of the slowdown in the Chinese economy have spread to them and as the decline in commodity prices has been protracted.
These economies as a whole are expected to gradually see a rise in their growth rates, due mainly to the effects of the recovery in advanced economies and of economic stimulus measures. BIS central bankers’ speeches  1  B.  Japan’s economy and price developments  1.