Regional Economic Situation Report (July 2025) (Kinki) - The regional economy is gradually recovering

In July 2025, the Kinki Finance Bureau published its economic situation report for 2 prefectures and 4 prefectures under jurisdiction (Osaka, Kyoto, Hyogo, Nara, Shiga, Wakayama), presenting an overall assessment that "the regional economy is gradually recovering." This maintains the previous month's assessment, indicating continued fundamental recovery trends in the regional economy.

Regarding personal consumption trends, it is evaluated as "recovering" due to improvements in retail sales and consumer sentiment. Particularly notable is the recovery in service consumption that significantly declined during the COVID-19 pandemic, with tourism-related expenditures, restaurant industry, and entertainment services recording levels exceeding the same month in the previous year.

※ This summary was automatically generated by AI. Please refer to the original article for accuracy.