The Cabinet Office has decided to revise upward its economic assessment for January and may declare the first “recovery” in three years, according to government sources.

The sources said the Cabinet Office’s decision to upgrade its assessment from December and pronounce a recovery reflects brisk exports to Asia and the United States as well as surging domestic production.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.