Bank of Japan sees 'virtually flat' economy

The Bank of Japan's August monthly report published Monday said "economic activity remains virtually flat" and on job conditions it said the situation remained tough although the number of people in work had stopped falling and the pace of decline in wages had slowed.

Source: Reuters

The Bank of Japan kept its assessment of the economy unchanged in a monthly report issued Monday after slightly upgrading its view the previous month.

"Economic activity remains virtually flat," the BOJ said in the

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