BOJ official says major producers sentiment worsened due to 3 factors

  • Increased expenses, declining foreign demand, and consequences of each country's trade policy

An official from the Bank of Japan commenting on the Tanakn report:

  • major producers sentiment worsened due to increased expenses, declining foreign demand, and consequences of each country's trade policy
  • broad range of non-manufacturers saw business conditions worsen 3 months ahead due largely to concerns over rising costs

Report is here:

Separately, there have also been remarks from finance minister Kato on other matters:

  • government is monitoring how rising cost of living impacting households
  • important to firmly pursue our policies to help households tackle rising prices
Kato finance minister Japan 06 February 2025 2

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