Today the Bank of Japan has published its decision to maintain its economic outlook in six of the nine regions of the country. Only 3 of the region differ from their preliminary assessment. Central Bank raised its estimate of Tohoku, Kanto-Koshinetsu and Tokai. All three regions have revised upward its estimates for private consumption. In addition, the decline in emerging economies died down a bit, which is likely to increase demand for the products of Tohoku region and Kanto-Koshinetsu. Meanwhile, the remaining six regions reported that their assessment about the pace of economic improvement remained unchanged.
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