Gov't keeps view on Japan economy, warns of slow recovery in exports

The government on Tuesday retained its monthly economic assessment, saying weakness has been seen in some sectors as consumption remains sluggish due to the continued impact of the coronavirus pandemic. A recovery in Japanese exports has been slowing, the Cabinet Office also said in the report, downgrading its view on the component for the first time in 10 months. Meanwhile, its views on business sentiment as well as the trend of bankruptcies were lifted amid signs of improvement. “The Japanese economy shows weakness in some components” and remains in a “severe situation due to the coronavirus…

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HEDGE accordingly