Outlook for Economic Activity and Prices
The Bank decides the text of the Outlook for Economic Activity and Prices (Outlook Report) at the Monetary Policy Meetings (MPMs) and releases it quarterly (usually in January, April, July, and October) note 1. The Outlook Report presents the Bank's outlook for developments in economic activity and prices, assesses upside and downside risks, and outlines its views on the future course of monetary policy.
- Notes 1: The Outlook Report may be released at the beginning of the months following those listed above depending on schedule adjustments.
2: Through 2015, at the April and October MPMs, the Bank decided the text of the Outlook Report and released the report semiannually. At the January and July MPMs, the Bank made interim assessments of the outlook laid out in the latest Outlook Report based on the developments in economic activity and prices after the release of the report. Each interim assessment is included in the statement on monetary policy released after the relevant MPM.
3: The Outlook Report was formerly "Outlook and Risk Assessment of the Economy and Prices."
Outlook for Economic Activity and Prices
Table : Outlook for Economic Activity and Prices1
| Date |
Title |
| Jan. 22, 2020 |
January 2020 (full text) [PDF 1,609KB] |
| Jan. 21, 2020 |
January 2020 (The Bank's View) [PDF 368KB] |
| Nov. 1, 2019 |
October 2019 (full text) [PDF 1,175KB] |
| Oct. 31, 2019 |
October 2019 (The Bank's View) |
| Jul. 31, 2019 |
July 2019 (full text) [PDF 1,161KB] |
| Jul. 30, 2019 |
July 2019 (The Bank's View) |
| Apr. 26, 2019 |
April 2019 (full text) [PDF 1,246KB] |
| Apr. 25, 2019 |
April 2019 (The Bank's View) |
| Jan. 24, 2019 |
January 2019 (full text) [PDF 1,274KB] |
| Jan. 23, 2019 |
January 2019 (The Bank's View) |
| Nov. 1, 2018 |
October 2018 (full text) [PDF 1,040KB] |
| Oct. 31, 2018 |
October 2018 (The Bank's View) |
| Aug. 1, 2018 |
July 2018 (full text) [PDF 1,244KB] |
| Jul. 31, 2018 |
July 2018 (The Bank's View) |
| Apr. 28, 2018 |
April 2018 (full text) [PDF 1,218KB] |
| Apr. 27, 2018 |
April 2018 (The Bank's View) |
| Jan. 24, 2018 |
January 2018 (full text) [PDF 1,116KB] |
| Jan. 23, 2018 |
January 2018 (The Bank's View) |
| Nov. 1, 2017 |
October 2017 (full text) [PDF 2,339KB] |
| Oct. 31, 2017 |
October 2017 (The Bank's View) [PDF 264KB] |
| Jul. 21, 2017 |
July 2017 (full text) [PDF 2,474KB] |
| Jul. 20, 2017 |
July 2017 (The Bank's View) [PDF 263KB] |
| Apr. 28, 2017 |
April 2017 (full text) [PDF 2,953KB] |
| Apr. 27, 2017 |
April 2017 (The Bank's View) [PDF 256KB] |
| Feb. 1, 2017 |
January 2017 (full text) [PDF 2,632KB] |
| Jan. 31, 2017 |
January 2017 (The Bank's View) [PDF 248KB] |
| Nov. 2, 2016 |
October 2016 (full text) [PDF 2,537KB] |
| Nov. 1, 2016 |
October 2016 (The Bank's View) [PDF 229KB] |
| Jul. 30, 2016 |
July 2016 (full text) [PDF 2,535KB] |
| Jul. 29, 2016 |
July 2016 (The Bank's View) [PDF 246KB] |
| Apr. 29, 2016 |
April 2016 (full text) [PDF 2,502KB] |
| Apr. 28, 2016 |
April 2016 (The Bank's View) [PDF 262KB] |
| Jan. 30, 2016 |
January 2016 (full text) [PDF 2,478KB] |
| Jan. 29, 2016 |
January 2016 (The Bank's View) [PDF 264KB] |
| Oct. 31, 2015 |
October 2015 (full text) [PDF 1,393KB] |
| Oct. 30, 2015 |
October 2015 (The Bank's View) [PDF 162KB] |
| May 1, 2015 |
April 2015 (full text) [PDF 1,370KB] |
| Apr. 30, 2015 |
April 2015 (The Bank's View) [PDF 96KB] |
| Nov. 1, 2014 |
October 2014 (full text) [PDF 1,148KB] |
| Oct. 31, 2014 |
October 2014 (The Bank's View) [PDF 92KB] |
| May 1, 2014 |
April 2014 (full text) [PDF 1,149KB] |
| Apr. 30, 2014 |
April 2014 (The Bank's View) [PDF 90KB] |
| Nov. 1, 2013 |
October 2013 (full text) [PDF 1,008KB] |
| Oct. 31, 2013 |
October 2013 (The Bank's View) [PDF 68KB] |
| Apr. 27, 2013 |
April 2013 (full text) [PDF 980KB] |
| Apr. 26, 2013 |
April 2013 (The Bank's View) [PDF 63KB] |
| Oct. 31, 2012 |
October 2012 (full text) [PDF 1,525KB] |
| Oct. 30, 2012 |
October 2012 (The Bank's View) [PDF 171KB] |
| Apr. 28, 2012 |
April 2012 (full text) [PDF 5,960KB] |
| Apr. 27, 2012 |
April 2012 (The Bank's View) [PDF 69KB] |
| Oct. 28, 2011 |
October 2011 (full text) [PDF 2,843KB] |
| Oct. 27, 2011 |
October 2011 (The Bank's View) [PDF 84KB] |
| Apr. 29, 2011 |
April 2011 (full text) [PDF 1,886KB] |
| Apr. 28, 2011 |
April 2011 (The Bank's View) [PDF 77KB] |
| Oct. 29, 2010 |
October 2010 (full text) [PDF 1,159KB] |
| Oct. 28, 2010 |
October 2010 (The Bank's View) [PDF 164KB] |
| May 1, 2010 |
April 2010 (full text) [PDF 1,236KB] |
| Apr. 30, 2010 |
April 2010 (The Bank's View) [PDF 146KB] |
| Nov. 2, 2009 |
October 2009 (full text) [PDF 1,154KB] |
| Oct. 30, 2009 |
October 2009 (The Bank's View) [PDF 49KB] |
| May 1, 2009 |
April 2009 (full text) [PDF 1,001KB] |
| Apr. 30, 2009 |
April 2009 (The Bank's View) [PDF 136KB] |
| Nov. 4, 2008 |
October 2008 (full text) [PDF 871KB] |
| Oct. 31, 2008 |
October 2008 (The Bank's View) [PDF 121KB] |
| May 1, 2008 |
April 2008 (full text) [PDF 939KB] |
| Apr. 30, 2008 |
April 2008 (The Bank's View) [PDF 75KB] |
Table : Outlook for Economic Activity and Prices2
| Date |
The Bank's View |
Full Text |
| Oct. 31, 2007 |
October 2007 |
[PDF 797KB] |
| Apr. 27, 2007 |
April 2007 |
[PDF 858KB] |
| Oct. 31, 2006 |
October 2006 |
[PDF 780KB] |
| Apr. 28, 2006 |
April 2006 |
[PDF 900KB] |
| Oct. 31, 2005 |
October 2005 |
[PDF 613KB] |
| Apr. 28, 2005 |
April 2005 |
[PDF 667KB] |
| Oct. 29, 2004 |
October 2004 |
[PDF 454KB] |
| Apr. 28, 2004 |
April 2004 |
[PDF 357KB] |
| Oct. 31, 2003 |
October 2003 |
[PDF 222KB] |
| Apr. 30, 2003 |
April 2003 |
[PDF 171KB] |
| Oct. 30, 2002 |
October 2002 |
[PDF 54KB] |
| Apr. 30, 2002 |
April 2002 |
|
| Oct. 29, 2001 |
October 2001 |
|
| Apr. 26, 2001 |
April 2001 |
|
| Oct. 31, 2000 |
October 2000 |
|
Boxes in the Outlook Report
The boxes in the Outlook Report present analyses of important topical issues. A list of boxes published in previous reports (from 2016 onward) is provided on the following page:
Notices of Changes and Corrections
Notices of Changes
- Jul. 21, 2017
- Change in the layout of the Outlook for Economic Activity and Prices
- Apr. 6, 2005
- Extension of the Projection Period in the Outlook for Economic Activity and Prices
- Oct. 13, 2000
- Release of Outlook and Risk Assessment of the Economy and Prices
Notices of Corrections
- Oct. 21, 2014
- Correction to a Reference Chart in the "Outlook for Economic Activity and Prices" (April 2014)
- Nov. 16, 2012
- Correction in "Outlook for Economic Activity and Prices" (October 2012)
Monthly Schedule of Outright Purchases of Japanese Government Bonds (Competitive Auction Method) (April 2020) [PDF 97KB]