RTTNews - Tuesday, the Japanese Cabinet Office left is economic assessment unchanged in August after upgrading it for three straight months. The government said the economy is showing signs of picking up recently while in a difficult situation. Further, the economy is expected to improve in the months ahead.
At the same time, employment situations and capital spending are set to continue its worsening. The cabinet office assessed that housing construction decreased significantly. The government reiterated that exports are picking up, with increase in sales to Asia. Production is also picking up, but corporate profits decreased quite significantly, the report showed.
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