January 09, 2025 05:20 GMT
MNI BRIEF: BOJ Sees All Regions Recovering, Picking Up
MNI (TOKYO) - All nine regions reported that their respective economies had been recovering moderately, picking up, or picking up moderately, although some weakness had been seen in part, the Bank of Japan’s quarter regional economic report showed on Thursday.
Two out of the nine regions upgraded their economies from the previous meeting in October and the remaining seven kept their assessment from three months ago.
As for private consumption, many managers reported solidness or recovery, although spending was hit by price rises.
All managers reported the improvement of income conditions moderately.
There were mixed reports on production, with some reporting recovery and other noting weakness.
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