- Apr. 19, 2018
- Apr. 18, 2018
- Apr. 17, 2018
April 12, 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 firmly.
Compared with the previous assessment in January 2018, the Shikoku and Kyushu-Okinawa regions revised up their assessments based on the improvement in private consumption. On the other hand, the Hokkaido region revised down its assessment, due mainly to public investment having turned downward as construction orders related to restoration following the typhoon disaster in summer 2016 had come to a halt. Meanwhile, the other six regions reported that their assessments were unchanged.
|Region||Assessment in January 2018||Changes
|Assessment in April 2018|
|Hokkaido||The economy has been recovering.||The economy has been recovering moderately.|
|Tohoku||The economy has continued to recover moderately.||The economy has continued to recover moderately.|
|Hokuriku||The economy has been expanding.||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, with its growth becoming more solid.||The economy has been expanding moderately at a steady pace.|
|Chugoku||The economy has been expanding moderately.||The economy has been expanding moderately.|
|Shikoku||The economy has continued to recover moderately.||The economy has been recovering.|
|Kyushu- Okinawa||The economy has been expanding moderately.||The economy has been expanding moderately, with its growth gaining a more solid footing.|
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