Japan cuts economic view in January as COVID-19 surges in
The government on Wednesday downgraded its economic outlook for the first time in 11 months, reflecting a fall in exports amid a recent surge in COVID-19 cases in China.
The Japanese economy is “picking up moderately, although some weaknesses have been seen recently,” the Cabinet Office said in its overall assessment report for January, noting that it continues to be weighed down by a multitude of factors including price hikes and supply chain constraints.
The government had assessed in its December report that the economy was “picking up moderately.”
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see this FAQ.
We humbly apologize for the inconvenience.
In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.