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Japan government monthly eco report - 'moderate' recovery, CPI slower

Japan's Cabinet Office monthly economic report is out now

  • Its kept is assessment of the economy unchanged
  • Has said CPI is rising at a slower pace (a downgrade from last month when their report said CPI rise was 'gradual' ... sheesh, these nuances ...)

More:

  • The report says slowing inflation could fan more concerns that the BOJ will have difficulty reaching its 2 percent price target by March 2018
  • Report cites rising wages, high corporate profits for saying the economy is recovering moderately, and that capital spending is picking up
  • It notes there is still weakness - private consumption "almost flat", consumer confidence at a standstill, and exports "almost flat"

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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