Corporate Goods Price Index or 27 points. The BOJ is subject to intervene anytime. This statement is not valid based on historical data dating to January 1980. Price index From January 1980 to March 1986, Exports exceeded imports by roughly 20 ish points on a monthly Yen basis perspective and from price indices. January 1980 began with a monthly view at 20.8 exports Vs 84.4 to imports or a 50 ish point spread. The 50 point Index spread was a doubling to the monthlies at 20.
While Exports surpassed imports from price indices, the yearly change view was quite different as imports beat exports for the vast majority of months from January 1980 to September 2023 except for very brief months along the way. The criteria for BOJ intervention is located in monthly change data and by the component of the later addition to the exchange rate. Both data points are missing from the total view dating from 1980 to 2023.
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