Highlights –
- Japan govt. downgraded economic assessment as consumption dampens.
- The extended state of emergency over the coronavirus pandemic has led to the downgrade assessment.
- Private consumption in April has shown a weak tone.
- The office by component revised its view on consumer spending downward.
The Japanese government on Wednesday downgrade....
Tags : JAPAN CABINET OFFICE, JAPAN GOVERNMENT, JAPAN ECONOMY, JAPAN PRIVATE CONSUMPTION, JAPAN GOLDEN WEEK HOLIDAYS, JAPAN CORONAVIRUS, JAPAN CONSUMER SPENDING, JAPAN COVID-19 STATE OF EMERGENCY,
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