The Bank of Japan’s recent Short-Term Economic Survey revealed that business sentiment in Kyushu and Okinawa is improving. The “all-industry” index increased by one point to +19, marking the sixth consecutive period of improvement. The manufacturing and non-manufacturing sectors also showed gains. Factors such as increased tourism and rising corporate profits contributed to the positive outlook. The head of the BoJ’s Fukuoka branch highlighted that the region’s economic situation is “stronger” compared to the rest of Japan but also pointed out future risks like a global economic slowdown and labor shortages. Source: Bank of Japan / NHK
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