• Compiled From Kyodo, Bloomberg

  • SHARE

The Bank of Japan on Wednesday revised its view of the economy in its monthly report, saying growth is “slowing mainly due to the effects of high energy and materials prices.”

Touching on weaker business sentiment and capital spending, the April report represents a more cautious stance by the BOJ on domestic economic conditions, as it deleted a phrase used between July 2006 and March that the economy is “expanding moderately.”

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