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MNI: Japan Govt Ups Overall Econ View, Private Consumption

(MNI) Tokyo
(MNI) Tokyo
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Japan's government on Thursday upgraded both its overall economic assessment and its view of private consumption, both seeing the first month-on-month rise since December 2021, the Cabinet Office said Thursday.

The Japanese economy “shows movements of” picking up as the severe Covid situation “is easing,” the Cabinet office said, noting that private consumption also “shows movements of” picking up recently.

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Japan's government on Thursday upgraded both its overall economic assessment and its view of private consumption, both seeing the first month-on-month rise since December 2021, the Cabinet Office said Thursday.

The Japanese economy “shows movements of” picking up as the severe Covid situation “is easing,” the Cabinet office said, noting that private consumption also “shows movements of” picking up recently.

Keep reading...Show less