Bank of Japan Monthly Report, August 2004

The Bank of Japan released the English version of its August 2004 monthly report on 12 August. In the report the bank said Japan's economy continues to recover, adding that the upturn will likely gather "stronger momentum."

"Japan's economy continues to recover," the BOJ said in its monthly report released in Tokyo. "The development in crude oil prices and its impact on the domestic as well as overseas economies should be borne in mind." The report came after the bank's policy board voted

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