The Cabinet Office of Japan cut its assessment of the overall economy in February for the first time since April 2020, due to the prolonged state of emergency in the country to combat the resurgence of the coronavirus.
Key Comments:
“The economy shows some weakness, although it improves amid severe conditions due to COVID-19. “
“Japan cuts opinion on consumer spending for the third consecutive month. “
“Japan increases your forecast on capital spending, imports and corporate profits“.
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