Japan's Economy Minister Yasutoshi Nishimura on Tuesday voiced hope that rising household income and a rebound in exports would underpin consumption and prevent capital expenditure from weakening further.
FILE PHOTO: Japan's Economy Minister Yasutoshi Nishimura attends a joint news conference with Tokyo Governor Yuriko Koike and other panel members after their talks on the latest situation of the coronavirus disease outbreak, in Tokyo, Japan July 10, 2020.
REUTERS/Issei Kato TOKYO - Japan’s Economy Minister Yasutoshi Nishimura on Tuesday voiced hope that rising household income and a rebound in exports would underpin consumption and prevent capital expenditure from weakening further. “The economy was in a severe state in April-June because we intentionally halted activity to contain the coronavirus. But it has recently shown signs of picking up,” Nishimura told a briefing after a regular cabinet meeting.
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