Japanese govt report to say economy in moderate recovery but warn of overseas risks-Nikkei
TOKYO, March 19 (Reuters) - Japan's government is expected
to keep its view of the economy as "recovering at a moderate
pace" in its monthly report for March but not risks from
overseas, the Nikkei business daily reported on Tuesday.
The government will carefully examine the economic situation
over the coming few months, while keeping its view that the
economy remains on the recovery path, the report said.
The Nikkei last week reported that the government was
considering a slight downgrade to its view of the economy as
exports and production fell on slowing demand from China.
In February, the government said the economy was in a
moderate recovery but a series of weak data on corporate
sentiment, capital expenditure and exports shows the U.S.-China
trade war is hurting the outlook for the world's third-largest
Japan's exports and factory output have weakened as demand
was hit by slowing global growth and the China-U.S. trade war.
The Bank of Japan last week kept its monetary policy
unchanged but cut its view on overseas economies to say they are
showing signs of slowdown. It also revised down its view on
exports and output. [nL3N2115QE ]
(Reporting by Kaori Kaneko; Editing by Sam Holmes)
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