Wednesday 30 October 2013

Japan: Finance Ministry upgrades economic assessment

Japan's Finance Ministry has upgraded its assessment of the country's economy for a third consecutive quarter.

It says personal spending is continuing to improve.
The leaders of the ministry's 11 bureaus met on Wednesday to report on regional economic trends for the July-September quarter.
Many reported that personal spending had increased, particularly for items such as air conditioners and refrigerators.
They also reported increased production of electronic components, as well as iron and steel, as auto exports remained steady.

Source: NewsOnJapan

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