boj minutes, 2020-04-27
In relation to services demand, looking at people's movement by using mobile phone location data, the number of visitors at World Cultural Heritage Sites in Japan -- which appeared to indicate travel demand -- and the nighttime population of downtown areas in Tokyo -- which appeared to indicate demand for eating and drinking -- had declined substantially in March and then dropped further due to the declaration of a state of emergency on April 7.
Sentiment: neutral
Topic: mp_economic_activity