Japan monthly report: Economy is on a moderate recovery

Dhwani Mehta FXStreet

Japanese cabinet office monthly report published on Monday, revealed that the government cut its view on the corporate sentiment, while economic view remained unchanged.

Key Findings from the report:

The Japanese economy is on a moderate recovery, while weakness can be seen recently.

Private consumption is almost flat, while consumer confidence appears to be pausing.

Business investment is picking up.

Exports are almost flat.

Industrial production is flat.

Corporate profits improvement appears to be pausing, although they remain at a high level.

Firms' judgment on current business conditions shows cautiousness further.

The employment situation is improving.

Consumer prices are rising at a slower tempo recently.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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