BOJ ups economic views on Tohoku, Hokuriku, Kinki regions
Jiji -- Jan 16
The Bank of Japan upgraded its economic views on three of the country's nine regions in a quarterly report adopted at a meeting of its local branch chiefs on Monday, partly reflecting rises in corporate capital expenditures and personal consumption.

In the latest version of its Regional Economic Report, the BOJ said the economy in Hokuriku "has been expanding," removing the word "moderately," which was used for the central Japan region in the previous report last October.

The Tohoku northeastern region's economy "has continued to recover moderately," a stronger expression than the October assessment that the economy "has continued its moderate recovery trend."

The economy in the Kinki western region was assessed as "expanding moderately, with its growth becoming more solid." The words following the comma were newly added.

The BOJ kept its views on the other six regions unchanged.

News source: Jiji