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MNI BRIEF: Japanese Regions Note Recovery, Pick Up - BOJ

The BOJ has published its latest quarterly branch managers report.
Policy NewsCentral Bank NewsHomepageAPACJapanBank of JapanBriefGlobalStoryRegion

MNI (TOKYO) - All Bank of Japan branch managers noted their economies had recovered moderately, picking up, or picking up moderately, despite some weakness seen in part, the BOJ’s quarterly regional economic report showed on Monday.

Out of the nine regions, two upgraded their economies from the previous meeting in July, while the remaining seven kept their assessment unchaged. Many managers reported solid or recovering private consumption, but noted high prices had impacted spending. (See MNI POLICY: BOJ Rate View Intact, Despite Dovish PM Remarks)

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MNI (TOKYO) - All Bank of Japan branch managers noted their economies had recovered moderately, picking up, or picking up moderately, despite some weakness seen in part, the BOJ’s quarterly regional economic report showed on Monday.

Out of the nine regions, two upgraded their economies from the previous meeting in July, while the remaining seven kept their assessment unchaged. Many managers reported solid or recovering private consumption, but noted high prices had impacted spending. (See MNI POLICY: BOJ Rate View Intact, Despite Dovish PM Remarks)

Keep reading...Show less