Japan monthly report: Economy is on a moderate recovery

Japanese cabinet office monthly report published on Monday, revealed that the government cut its view on the corporate sentiment, while economic view remained unchanged.

Key Findings from the report:

The Japanese economy is on a moderate recovery, while weakness can be seen recently. 

Private consumption is almost flat, while consumer confidence appears to be pausing. 

Business investment is picking up. 

Exports are almost flat. 

Industrial production is flat. 

Corporate profits improvement appears to be pausing, although they remain at a high level.

Firms' judgment on current business conditions shows cautiousness further. 

The employment situation is improving. 

Consumer prices are rising at a slower tempo recently.