TOKYO Aug 11 The Bank of Japan said on Monday
that exports will head for a moderate recovery but warned an
expansion of overseas production by Japanese firms may weigh on
shipments for the time being.
It also warned that while factory output is likely to rise
moderately, that of automobile and personal computers may remain
"The expansion of overseas production, mainly by automakers,
will weigh on exports for the time being," the BOJ said in its
monthly economic report for August.
The BOJ issues a summary of its economic assessment on the
day of its policy-setting meeting, which was on Friday for this
month, and releases a more thorough analysis in a monthly report
published the following market day.
(Reporting by Leika Kihara; Editing by Chris Gallagher)