Gov't view that economy showing signs of pickup unchanged in Oct.

Japan’s economy showed signs of “picking up,” the government said Friday, maintaining its assessment for the fourth consecutive month as business activity continues to gradually resume amid the novel coronavirus pandemic.Consumer spending on services recovered after slowing during the summer vacation period amid a resurgence in coronavirus infections, while imports remained sluggish due to decreasing demand for such items as laptops, the Cabinet Office said in its monthly report for October.”The Japanese economy is still in a severe situation due to the novel coronavirus, but it is showing mov…

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