By Megumi Fujikawa
The Bank of Japan on Thursday raised its economic assessment for four of the nation's nine regions as recovery from the pandemic continued.
In its quarterly regional economic report, the bank said Japan's local economies were affected by rises in commodity prices.
However, regional economies have been picking up or have been picking up moderately, as the effects of supply-side constraints waned and the resumption of economic activity progressed while public health was protected from the Covid-19 pandemic, the bank added.
The bank maintained its assessment for the rest of the regions.
Write to Megumi Fujikawa at megumi.fujikawa@wsj.com
(END) Dow Jones Newswires
01-12-23 0041ET
