consists of disposable income and adjustment for the change in pension entitlements, and the real values for it are obtained using the deflator of consumption of households. Sources: Bank of Japan; Cabinet Office; Japan National Tourism Organization (JNTO). 7  Chart 8  I.
Economic Developments  Financial Conditions Lending Attitudes of Financial Institutions 30  Firms' Financial Positions  DI ("accommodative" - "severe"), % points  25  25  "Accommodative"  20  20 15  DI ("easy" - "tight"), % points "Easy"  15 "Severe"  10  "Tight"  10 5 5 0  0  -5  -5  Manufacturing  -10 -15 -20 CY 07  Manufacturing -10  09  Source: Bank of Japan.