Bank of Japan Monthly Report, July 2005

The Bank of Japan published the English version of its July 2005 monthly report on 15 July. The BOJ slightly revised up its monthly assessment of the economy for the first time in eight months, citing upbeat business confidence, rising capital spending and improving employment.

'Japan's economy continues to recover, albeit with adjustments in IT-related sectors,' the Bank said in its monthly report for July on recent economic and financial developments.

It is a slight change from the June report

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