TOKYO – The Bank of Japan raised its economic assessment for seven of the country’s nine regions on Monday, saying most areas were seeing damage from the COVID-19 pandemic subside.
“Most regions are seeing their economies pick up moderately as the pandemic’s impact on consumption eases,” the BOJ said in a quarterly report analysing conditions for Japan’s regional economies.
The report maintained its assessment on the remaining two regions.
(Reporting by Leika Kihara; Editing by Christopher Cushing)