- Apr. 17, 2019
- Apr. 17, 2019
- Apr. 9, 2019
January 15, 2018
Bank of Japan
According to assessments from regions across Japan, six regions (Hokuriku, Kanto-Koshinetsu, Tokai, Kinki, Chugoku, and Kyushu-Okinawa) reported that their economy had been expanding or expanding moderately, and three regions (Hokkaido, Tohoku, and Shikoku) noted that the economy had continued to recover moderately. These reports were based on the assessments that the virtuous cycle from income to spending had been maintained, as labor market conditions had continued to tighten steadily and private consumption had improved, while exports had been on an increasing trend with overseas economies growing at a moderate pace.
Compared with the previous assessment in October 2017, three regions (Tohoku, Hokuriku, and Kinki) revised their assessments upward. The Tohoku region upgraded its assessment due to increased production in general-purpose, production and business oriented machinery, given firms' proactive increase in fixed investment at home and abroad, and the Hokuriku region, mainly due to the strengthened momentum in business fixed investment aimed at expanding domestic capacity and saving labor. The Kinki region revised up its assessment based on the strengthened momentum in exports and the improvement in private consumption. Meanwhile, the other six regions reported that their assessments were unchanged.
|Region||Assessment in October 2017||Changes
|Assessment in January 2018|
|Hokkaido||The economy has been recovering.||The economy has been recovering.|
|Tohoku||The economy has continued its moderate recovery trend.||The economy has continued to recover moderately.|
|Hokuriku||The economy has been expanding moderately.||The economy has been expanding.|
|The economy has been expanding moderately.||The economy has been expanding moderately.|
|Tokai||The economy has been expanding.||The economy has been expanding.|
|Kinki||The economy has been expanding moderately.||The economy has been expanding moderately, with its growth becoming more solid.|
|Chugoku||The economy has been expanding moderately.||The economy has been expanding moderately.|
|Shikoku||The economy has continued to recover moderately.||The economy has continued to recover moderately.|
|Kyushu- Okinawa||The economy has been expanding moderately.||The economy has been expanding moderately.|
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