Japan’s Cabinet Office is out with its latest monthly economic assessment report, with the key headlines found below.
The Japanese economy is recovering at a moderate pace while weakness lasting longer mainly in exports.
Private consumption is picking up.
Business investment is on the increase at a moderate pace, while weakness is seen in machinery investment.
Exports are in a weak tone.
Industrial production is in a weak tone recently.
Corporate profits are in a weak tone, mainly among manufacturers, although they remain at a high level.
Firms’ judgments on current business conditions continue increasing cautiousness, mainly among manufacturers.
Employment situation is improving.
Consumer prices are rising at a slower tempo recently.