• SHARE

The Bank of Japan on Thursday downgraded its assessment of the nation’s economy for the seventh consecutive month.

“Japan’s economy is deteriorating broadly, as private consumption is weakening in addition to a decline in exports and business fixed investment,” the central bank said in its economic and financial report for December.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW