BOJ summary: one member notes consumer inflation stays under 2% despite rising producer prices due to higher import costs

Rising Oil Costs Could Spread To Consumer Inflation, While Global AI Demand And Japan's Expansionary Fiscal Policy Boost Demand - Middle East Developments, Expanding AI-Related Demand And Weak Yen All Push Up Prices - Inflation For Consumer Goods Expected To Reaccelerate Towards Autumn - Upside Inflation Risks From Weak Yen And Strong AI-Related Demand Warrant Attention - Consumer Inflation Remains Below 2% Despite Rising Producer Prices Reflecting Higher Import Costs - Financial Conditions Remain Accommodative As Short-Term Real Interest Rates Remain Negative