FILE PHOTO: A passerby walks past in front of the Bank of Japan headquarters in Tokyo, Japan January 23, 2025. REUTERS/Issei Kato/File Photo

BOJ says regional economies could worsen due to fallout of Middle East conflict

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TOKYO, April 6 : The Bank of Japan said on Monday some regional economies could worsen due to surging oil prices and supply disruption brought about by conflict in the Middle East.

"As uncertainty heightens, some firms worried that rising prices mainly for energy could hurt corporate profit and consumption," the bank said in a quarterly report on regional economies.

Source: Reuters

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