• BOJ cuts economic view for 5 of Japan's 9 regions

Market news

7 October 2021

BOJ cuts economic view for 5 of Japan's 9 regions

Reuters reports that the Bank of Japan cut its assessment for five of the country's nine regions, saying their recovery has stalled due to a resurgence in Covid-19 infections.

Production cutbacks following supply shortages also weighed in those areas, the BOJ said in its quarterly regional economic report

"While some regions saw the rebound in their economies moderating, many maintained the view that their economies were picking up," the central bank said.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.