BOJ Osaka branch head sees output upturn in May-June

TOKYO, April 11 (Reuters) – The head of the Bank of Japan’s
Osaka branch in western Japan said on Monday that production in
the region, home to several big electronics manufacturers, may
decline near term due to last month’s deadly earthquake and
tsunami but is likely to turn up in May or June.

“Output falls are likely to become conspicuous in March and
April,” Hideo Hayakawa told a news conference, adding that
manufacturers of electronic devices for cars and other
auto-related companies in the area had been affected.

“But production is likely to turn up in May or June,” he
said. Hayakawa was previously the central bank’s top economist.

(Reporting by Rie Ishiguro; Editing by Edmund Klamann)

BOJ Osaka branch head sees output upturn in May-June