From the Cabinet office in their monthly economic report for July

  • Japanese economy remains in a "moderate recovery"
  • Consumption "picking up moderately" (same description as used in the June report)
  • Capital investment (business capex) "picking up" (same description as used in the June report)
  • Producer prices eased (compared to June's report saying they were rising moderately) but the Cabinet Office say the outlook for these has not changed.
    Global economy recovering moderately
  • UK outlook downgraded in July (Brexit uncertainties cited, effect on consumer spending)

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The Cabinet Office monthly economic report (July) was out yesterday afternoon in Japan