2013.03.1105:19:14UTC+00No need to set price target for core-core CPI says Kuroda

The Bank of Japan does not need to change its 2 percent inflation goal or make a new target for consumer prices, excluding both energy and food, Haruhiko Kuroda, the government's nominee for next central bank governor, announced on Monday.

The BOJ's price target is now aiming on core prices, which include energy costs but exclude fresh food, said Kuroda,68, president of Asian Development Bank.

Japan's core-core consumer prices exclude food and energy, which is same to the method of core consumer prices used in the United States.

At a confirmation hearing in the upper house of parliament, Kuroda, an advocate of aggressive monetary easing, talked to lawmakers.