In the longer term, it should strive to raise Japan’s trend rate of growth, which many reckon has fallen to about 1% a year from 1.5-2% previously, as the population shrinks.
许多人认为,随着人口的减少,其增长率已经从前年的1.5-2%下降到1%左右。
It has fallen every month this year, and 17 of the past 18 months, so even a small tick up could be a sign that the trough has been hit, though it will take a few more months to establish a trend.
工业产值今年已经连月下滑,且过去18个月中有17个月下降,因此即便是微小的增长也可能标志着生产已经触底,不过要形成上升趋势还需要几个月的时间。
Mr Barbosa says that the critics should look at the long-term trend, under which real interest rates (ie, after inflation) have fallen from up to 20% in 2003 to between 5% and 10%.
巴博萨表示,那些批评人士应该看长远趋势,实际利率已经由2003年20%的高位下降至目前的5%到10%之间。
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