Production: Cabinet Office and Japanese Economy

production: It had said last month that weakness is seen recently in exports and industrial production in some sectors, according to The Japan Times. The downgrading followed a lowered assessment in March, when the Cabinet Office cut the headline assessment for the first time in three years. The Japanese economy is recovering at a moderate pace while weakness in exports and industrial production continues, the Cabinet Office said in a monthly report. ; It maintained its view that the economy is seeing a moderate recovery on improving employment conditions and robust corporate earnings, but slightly changed its wording on exports and production from the previous report. Looking ahead, the latest report warned that further attention should be given to the fallout for the world economy from the U.S.-China trade war. The expression was employed for the first time in more than six years. Earlier this month, the Cabinet Office said in a different assessment that the world's third-largest economy has been worsening. (news.financializer.com). As reported in the news.