Turning to private consumption, the mood of restraint seen immediately after the devastation resulting from the earthquake has gradually eased, with department stores and retailers of electrical appliances voicing, albeit cautiously, the view that consumption is returning to more normal levels. Furthermore, various indicators point to a slight improvement in consumer sentiment. Therefore, private consumption is expected to head toward a gradual recovery.
I think they have clearly explained the possible mechanisms. We believe that it is in the UK’s interest to stay in the European Union and in the EU’s interest to keep the United Kingdom in the EU. Together we are stronger, and we will all be stronger, including the UK, if it stays in.