Japan Economic Recovery Shows Signs of Slowing: BOJ Shirakawa

Tokyo, Jan. 17 (Jiji Press)--The Japanese economy remains on a
gradual recovery path but shows signs that the recovery is slowing, Bank of
Japan Governor Masaaki Shirakawa said Monday.
Shirakawa said at a quarterly meeting of the central bank's branch
managers that there is a pullback in consumption for some goods after strong
demand.
Shirakawa said that the economy will get back to a moderate
recovery track after a temporary lull.
While voicing concern about Europe's sovereign debt crisis, he said
the world economy, though slowing, is still on a recovery path.
The Japanese economy will regain momentum gradually on the back of
growth in China and other emerging economies, he said.


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