The government has revised downward its assessment of the domestic economy in June for the first time in five months due to shrinking exports following a slowdown in overseas economies.
"While the economy remains roughly flat, weak movements have been seen recently in some areas," the Cabinet Office said Tuesday in its report on the state of the economy for June.
The economic trend in general was unchanged in June from the previous month, said Jun Saito, director of economic assessment and policy analysis at the Cabinet Office. But some indicators showed weakness, especially those of exports and capital investment, he said.