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    19.11.2015 10:53 Bank of Japan Governor Haruhiko Kuroda plays down the weak GDP data

    The Bank of Japan (BoJ) Governor Haruhiko Kuroda played down the weak GDP data at a press conference on Thursday, saying the Japanese economy shrank in the third quarter due to a reduction in inventories.

    He added that he expects business capital expenditure to improve.

    Kuroda noted that underlying long-term inflation was picking up.

    The BoJ government pointed out that terrorist attacks in Paris will have only limited impact on the economy.


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