In this month's monthly economic report, the government lowered its "personal consumption" decision for the first time in three months, saying that travel and eating-related consumption has fallen due to the spread of the new coronavirus.
Regarding the economy as a whole, we have left the judgment that "it is in a difficult situation, but there are signs of recovery" for the fifth straight month.
The government compiled this month's monthly economic report at a meeting of relevant ministers on the 22nd.
According to this, "individual consumption" has been declining due to the fact that some areas are excluded from Go To Travel and the business hours of restaurants are shortened, and consumption related to travel and eating out is declining. The phrase "recovering" was added to the phrase "some are stepping on" and revised downward for the first time in three months.
On the other hand, "exports" has been revised upward from the expression "recovering" to "increasing" because electronic components for Asia are growing.
In addition,
▽ "capital investment"
has been left unchanged, with "recently
declining" and
▽ "corporate production" "recovering".
Based on these, we have left the judgment that the economy as a whole is in a difficult situation, but there are signs of recovery for the fifth straight month.
Regarding the outlook for the economy, he is strongly cautious, saying, "It is necessary to pay close attention to the risk that the impact of the spread of infectious diseases on socio-economic activities will cause the domestic and foreign economies to decline."