5:35 on March 14
The government has begun to consider lowering economic conditions in its monthly economic report this month, as the spread of the new coronavirus has had serious effects, including a decline in personal consumption and production.
In Japan, the spread of the new coronavirus has had a major impact on the economy, including a decline in foreign tourists, a sharp drop in personal consumption due to cancellations of events and self-restraint, and a stagnation in corporate production activities. You.
For this reason, the government, in its monthly economic report showing official economic perceptions, has begun reviewing this month's economic downturn for the first time in three months.
Last month, the government decided that economic growth has been slow since the fall of 2013, saying that despite weak exports, weakness has continued to increase, especially in manufacturing. The expression "gradual recovery" has been at the center of judgment.
According to stakeholders, this month, we are considering a change, including changing the term "slow recovery."
According to the key trend judgment of the economic trend index, which is mechanically derived from the movements of various economic statistics, since August last year, "deterioration" indicating the possibility of the economic recession has continued, and the monthly economic report summarized in late this month It is worth noting what kind of judgment the government makes.