Government maintains upbeat assessment of Japanese economy

Business / Economy Nov 25, 2014

Government maintains upbeat assessment of Japanese economy

Prime Minister Shinzo Abe's administration on Tuesday upheld its relatively bullish view of the economy despite the recent surprise release of data showing Japan had fallen into recession following the April 1 consumption tax hike. "The Japanese economy is on a moderate recovery, while weakness ...

Business / Economy May 23, 2014

Government stays bullish on economy

The government on Friday remained relatively upbeat about the economy in its May report but downgraded its views on output and imports following the first consumption tax hike in 17 years. Emphasizing that the negative impact of the April 1 tax hike is expected to ...