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Japan Cabinet Office economic report keeps assessment on the overall economy unchanged

Japan Cabinet Office economic report keeps assessment on the overall economy unchanged

Economic report from the Cabinet Office. In summary (via Reuters):

  • cut its view on factory output for the first time in six months as global demand for semiconductors is pausing
  • kept its assessment on the overall economy unchanged by saying it was “improving moderately”
  • “If China’s infection situation impacts on supply chains or trades, it could also impact on Japan’s economy as we’ve seen earlier this year,” a Cabinet Office official said.
  • upgraded its vie... Read More
Posted: Dec 21 2022, 00:48
Author Name: forexlive
Views: 102147

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