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Semiannual Report on Currency and Monetary Control
Looking back at the first half of fiscal 2019, Japan's economy had been on a moderate expanding trend, with a virtuous cycle from income to spending operating, although exports, production, and business sentiment had been affected by the slowdown in overseas economies. Exports continued to show some weakness, reflecting the effects of the slowdown in overseas economies. On the other hand, with corporate profits staying at high levels on the whole, business fixed investment continued on an increasing trend. Private consumption had been increasing moderately, albeit with fluctuations, against the background of steady ... (full story)