Japan Cabinet office monthly economy report: Moderate recovery, weakness recently
The government in Japan (via the Cabinet Office and their economic report for the month) has maintained its assessment on the economy for July
- Says 'moderate recovery'
- But 'weakness can be seen recently'
- Cite Brexit for increasing global economic uncertainty
- Kept its overall assessment steady
- But cut its assessment of business confidence
- Companies are showing further caution
- While exports, facury output are flat
- Consumer spending assessment also flat
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