Economic view unchanged in February

February 21, 2018

Tokyo- The Japanese government kept intact its overall assessment on the domestic economy in February, according to a monthly economic report released on Wednesday.

"The Japanese economy is recovering at a moderate pace," the government said in the report, compiled by the Cabinet Office and submitted to the day's meeting of relevant ministers by Economic and Fiscal Policy Minister Toshimitsu Motegi.

In January, the government upgraded its economic view for the first time in seven months.

This month the government left its assessments unchanged for all categories, saying that, among others, private consumption "is picking up," business investment "is increasing moderately," exports "are picking up," and industrial production "is increasing moderately." Jiji Press