BOJ Shirakawa: Japan growth slowing on energy prices

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TOKYO, July 7 (Reuters) - Bank of Japan Governor Masaaki Shirakawa on Monday reiterated that Japan's economic growth is slowing on high energy and raw materials prices but is expected to return to a moderate growth path after a period of slowdown.

"Corporate profits have been decreasing recently on worsening terms of trade, while growth in capital expenditure is slowing," Shirakawa said in a speech to a meeting of the central bank's regional branch managers. (Reporting by Leika Kihara; Editing by Chris Gallagher)