BOJ says regional economies expanding moderately

Japan's regional economies are all generally showing signs of moderate expansion although differences exist in growth rates between the various regions, the Bank of Japan said in a quarterly report on Thursday 19 October.

"According to reports from each of the nine regions in Japan, the economy as a whole expanded moderately as all regions were on the expansion or recovery trend," the central bank said as it met its branch managers.

The central bank said: "Specifically, the corporate sector bec