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BOJ Cuts Economic View on Five of Japan’s Nine Regions

The Bank of Japan lowered its economic assessment on 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 released Thursday.

The central bank maintained its view for the rest of the regions.
Source: Dow Jones

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