Japan government retains its assessment that the economy is recovering moderately in May
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The Japanese government maintains its assessment of moderate economic recovery in May, unchanged from April. Key indicators such as private consumption and business investment are improving, while exports and industrial production remain flat. The focus has shifted from US trade policies to risks from the Middle East regarding corporate profits and inflation. The government emphasizes strategic fiscal policies to reassure the public and investors about Japan's fiscal health following recent budget concerns.
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