Japan maintains economic view in Dec. but wary of weak consumption

The Japanese government kept its economic assessment unchanged in December in its monthly report released Tuesday but cited concerns about consumer spending in the coming months due to a resurgence of coronavirus infections across the country. The Cabinet Office said the Japanese economy is “still in a severe situation due to the novel coronavirus, but it is showing movements of picking up,” using the same wording for the sixth straight month. The government revised downward its view of private consumption, which is “picking up as a whole, while weakness can be seen in some sectors,” the repor…

Read More

HEDGE accordingly