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Japanese government cuts economic view

From forexlive.com

Cuts overall economic view due to pullback in demand after tax hike; Impact of sales tax hike within expectations and likely to be a one-off; Cuts view on private consumption, housing investment, factory output and imports Exports are flat; Industrial production almost flat; Business investment picking up; Consumer prices rising moderately; The Japanese economy is on a moderate recovery trend, while some weak; movements are seen lately due to a reaction after a last minute rise in demand before a consumption tax increase; These are details of the monthly economic report from Japan’s cabinet office (full story)

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