Monthly Economic Report of the Japanese Council of Ministers

The Japanese Council of Ministers announced in Japan today its economic report for December, where the report showed the stability of the Japanese-economy assessment within November, which is totally contrary with the Bank of Japan that announced another cut in its assessment of the Japanese economy for the second consecutive month during a meeting yesterday, which during the it they kept the interest rates unchanged at 0.10%.

On the other hand, the Council's assessment comes during December as follows: "The Japanese economy is still showing a slowdown in showing improvements, while the obstacles are still paralyzing the economic recover after the catastrophic earthquake on March 11 that hit Japan."