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Japan Finance Ministry upgrades economic assessment for Okinawa

Japan Finance Ministry upgrades economic assessment for Okinawa

NHK5 days ago
Okinawa is enjoying an economic rebound thanks to some strong tourism numbers, according to Japan's Finance Ministry. Officials have upgraded their economic assessment for the southern island prefecture to "recovering", up from the previous "moderately recovering."
The ministry's local bureau chiefs held a quarterly meeting on Tuesday, and said Okinawa is seeing a sharp rise in inbound visitor numbers, due in part to more flights. They said hotels and other tourism businesses are thriving, and retail sales are up.
The officials said the opening last week of the Junglia Okinawa amusement park has helped to fill hotel rooms.
But elsewhere the picture is less rosy. The ministry kept its assessment unchanged for all 10 other regions, and says the Japanese economy overall is picking up moderately, a phrase unchanged for two years.
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