BoJ raises assessment for 2 of Japan's 9 regions

BoJ maintains assessment for 7 of Japan's 9 regions in quarterly report.

All regions in Japan saw economy recovering moderately, picking up or picking up moderately.

Many regions said service consumption remains firm.

Many regions said output increasing due to rebound in global it demand, auto-related output also at high levels.

Many regions saw firms saying they must keep raising wages due to structural labour shortage.

Some small firms continued to complain of severe earnings situation, must be vigilant.

Many regions said price hikes broadening, manufacturers saying they are able to pass on rising costs more smoothly.