Japan's government kept its view that the economy is recovering at a modera...
TOKYO - Japan’s government kept its view that the economy is recovering at a moderate pace in September, but flagged persistent weakness in the country’s export sector, according to a monthly economic report released by the Cabinet Office on Thursday.
The government left its assessment of most of the individual components of economic growth unchanged, offering a generally positive view of domestic demand ahead of a sales tax hike scheduled for October. It also kept its assessment that capital expenditure was expanding at a moderate pace despite some weak spots in spending by manufacturers, a Cabinet Office official told reporters.
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