Financial institution of Japan Largely Maintains View of Regional Economies - thqaftqlm

Financial institution of Japan Largely Maintains View of Regional Economies

Printed: April 20, 2023 at 1:32 a.m. ET

By Megumi Fujikawa

The Financial institution of Japan largely maintained its evaluation for the nation’s regional economies, saying they’re recovering from the influence of the pandemic.

“In keeping with assessments from areas throughout Japan, all of them reported that their respective economies, regardless of being affected by elements akin to excessive commodity costs, had…

By Megumi Fujikawa

The Financial institution of Japan largely maintained its evaluation for the nation’s regional economies, saying they’re recovering from the influence of the pandemic.

“In keeping with assessments from areas throughout Japan, all of them reported that their respective economies, regardless of being affected by elements akin to excessive commodity costs, had been choosing up or had been choosing up reasonably,” the BOJ mentioned in its quarterly regional financial report launched Thursday.

The report confirmed that expectations for the revival of a tourism growth are rising within the companies sector throughout Japan. In the meantime, some producers voiced issues over international semiconductor demand, the report additionally mentioned.

The financial institution raised its evaluation for one of many nation’s 9 areas within the report, whereas downgrading its view for one space. It maintained its evaluation for the remainder of the areas.

Write to Megumi Fujikawa at megumi.fujikawa@wsj.com

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