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MNI BRIEF: Majority Of Regions Cut Economic View - BOJ

(MNI) Tokyo
(MNI) TOKYO

Seven out of the nine regional branch managers have lowered their economic assessment from three months ago, but maintain their economies are recovering or picking moderately, the Bank of Japan’s regional economic report said on Thursday.

“Eight regions, excluding the Hokuriku Region, reported that their respective economies had been recovering moderately, picking up, or picking up moderately, although some weakness had been seen in part,” the BOJ said.

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Seven out of the nine regional branch managers have lowered their economic assessment from three months ago, but maintain their economies are recovering or picking moderately, the Bank of Japan’s regional economic report said on Thursday.

“Eight regions, excluding the Hokuriku Region, reported that their respective economies had been recovering moderately, picking up, or picking up moderately, although some weakness had been seen in part,” the BOJ said.

Keep reading...Show less