TOKYO – Japan’s exports have been “picking up recently”, the government said in its latest monthly economic assessment, its first upward revision since May as easing supply issues boosted auto shipments and demand for semiconductor-related goods bottoms out.
“The economy is recovering moderately”, the Cabinet Office said in its report issued on Monday, keeping the same assessment made in the previous month, but listed China’s troubled economic outlook and global monetary tightening among risks to the Japanese economy.
Close attention should be paid to possible impacts from China’s stagnant real estate market as the country’s economic recovery appears to be pausing, the report s…
Keep on reading: Japan improves view on exports for first time in three months
