TABLE-BOJ lowers GDP forecast for 2009/10

(For more stories on Japan's economy click [ID:nECONJP])

TOKYO, July 15 (Reuters) - The Bank of Japan lowered its
estimate for Japan's growth in the year to next March,
underlining its cautious view on the outlook despite improvement
in exports and industrial output.

The central bank also said Japanese prices will likely fall
less than previously forecast for the year to March, but are
expected to be broadly as projected the following year.

The BOJ releases long-term forecasts in April and
October that form a basis for monetary policy decisions. It
reviews the forecasts in January and July.

Following is a table of forecasts by BOJ policy board members
for Japan's real gross domestic product (GDP), core consumer
price index (CPI) and corporate goods price index (CGPI). The
previous forecasts for its semiannual outlook report issued in
April are in parentheses; all in year-on-year percentage changes:
FY 2009/10 Real GDP CGPI Core CPI
Median -3.4 -5.9 -1.3

(-3.1) (-7.5) (-1.5)
Majority f'cast -3.7 to -3.0 -6.0 to -5.8 -1.5 to -1.2

(-3.7 to -3.0) (-7.6 to -6.9) (-1.6 to -1.4)
All members fcast -3.8 to -3.0 -6.2 to -5.7 -1.6 to -1.2

(-3.8 to -2.5) (-7.8 to -6.8) (-1.8 to -1.2)
----------------------------------------------------------------
FY 2010/11 Real GDP CGPI Core CPI
Median +1.0 -2.1 -1.0

(+1.2) (-1.8) (-1.0)
Majority f'cast +0.6 to +1.1 -2.1 to -1.5 -1.2 to -0.7

(+0.8 to +1.5) (-2.4 to -1.4) (-1.1 to -0.8)
All members fcast +0.5 to +1.5 -2.1 to -1.4 -1.2 to -0.6

(+0.7 to +1.5) (-2.6 to -1.3) (-1.2 to -0.4)
----------------------------------------------------------------

Majority forecasts are shown as a range of board members'
forecasts, excluding the highest and lowest figures. The
nine-member board currently has one vacancy.

For details of the BOJ's statements on monetary policy,
click: here
(Reporting by Leika Kihara, Tetsushi Kajimoto; Editing by Chris
Gallagher)