The Bank of Japan (BOJ) released its latest monthly Sakura (economic assessment) report, downgrading the economic assessment on 3 out of 9 regions.
Key Details:
The BOJ slashed the current economic assessment for the Tohoku, Hokuriku, and Kyushu-Okinawa regions.
Assessment for the Hokkaido region has been upgraded (modestly recovering after the earthquake last year).
Assessment for the other five regions are left unchanged.