Bank of Japan Keeps Assessments Unchanged for Seven Regions in Quarterly Report

The Bank of Japan maintained its assessments for seven regions in its quarterly report while upgrading ratings for two others. Several regions noted that companies are passing on pressures from the Middle East conflict, a weak yen, and rising distribution and labor costs to consumers. Some areas reported that certain firms have raised prices more frequently than in the past within their jurisdictions. Additionally, several regions indicated that companies are increasing production due to strong global demand related to artificial intelligence. (Cailian Press)