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POLITICS

Gov’t upgrades economic assessments for March

  • 2015-03-24 15:00:00
  • , Nikkei
  • Translation

(Nikkei: March 24, 2015 – p. 5)

 

 The government upgraded its economic assessments in a monthly economic report for March, as it expects a solid increase in exports to help lift productivity and corporate earnings. Many analysts predict that exports will grow at a steady pace if the yen continues to trade at around 120 yen against the dollar. Many large corporations have announced that their pay hikes this spring will be greater than last year. Once weak consumption regains momentum, a path to sustainable recovery will come into sight. (Abridged)

 

 Key economic assessments in March report

Items

Expressions

Month-to-month changes

Overall assessments

Improvements are seen in the corporate sector, suggesting the economy continues to stay on a mild recovery path

Upgraded

Productivity

Regaining steam

Upgraded

Corporate earnings

Signs of improvement are seen

Upgraded

Diffusion index of business sentiment

Leveling off overall, but several signs of improvement are seen

Upgraded

Exports

Regaining steam recently

Unchanged

Personal spending

Overall, moving at a solid pace

Unchanged

Employment

Improving

Unchanged

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