TOKYO (Reuters) – The Bank of Japan raised its economic assessment for all of the country’s nine regions on Wednesday in a sign of its confidence that a recent resurgence in coronavirus infections would not derail the country’s fragile recovery.
“All of the regions said their economies were picking up or showing signs of a pick-up as the hit to service consumption from the pandemic eases somewhat,” the BOJ said in a quarterly report assessing the state of Japan’s regional economies.
(Reporting by Leika Kihara; Editing by Chang-Ran Kim)