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