The economy is described as “recovering moderately, although it recently appears to be pausing.” Additionally, the government downgraded their view on exports, stating that the situation is moving sideways. In June, they noted that the recovery in exports was stalling. Regarding consumption, the government maintained their view that the pickup in the sector is still stalling.
The Japanese government maintains its economic assessment for the month of July.
- July 26, 2024
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