The Bank of Japan’s Fukuoka Branch, assessing the key economic driver of personal consumption in Kyushu and Okinawa, noted recovery despite rising prices. The announcement was based on recent statistics showing increased department store sales and car purchases, alongside growing travel and tourism demand. Overall, the region’s economy is recovering gradually, but the bank remains cautious about the future, considering the rising cost of living and its impact on consumer behavior. Source: Bank of Japan / NHK
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