The Bank of Japan maintained its assessment of the nine regions in Japan unchanged in its quarterly report.

The Bank of Japan maintained its assessment of the nine regions in Japan in its quarterly report. The Bank of Japan stated that multiple regions have shown risks of a significant decrease in exports and a decline in output. Many regions indicated that businesses are continuing to pass on the continuously rising labor and distribution costs by raising prices. Many regions also mentioned that the impact of the rising costs of raw materials related to the Middle East conflict is being transmitted at a faster rate than before.