Developments in Economic Activity and Prices I would like to start my speech with a look at developments in economic activity and prices. Following the discussion at the Monetary Policy Meeting (MPM) held on October 30 and 31, 2018, the Bank of Japan published the Outlook for Economic Activity and Prices, or the Outlook Report.
In this report, the Bank presented its projections for Japan's economic activity and prices through fiscal 2020. I will explain developments in economic activity and prices by presenting the main content of the Outlook Report. A. Overseas Economies Let me first touch on developments in overseas economies. The Bank's assessment is that overseas economies have continued to grow firmly on the whole.