Japan PM extends Covid emergency to Sept 30 bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.
The economic impact of Japan's states of emergency is expected to be smaller as they have become less effective, but consumer spending is expected to remain at a low level.
Economic Watch: Risk of COVID-19 resurgence likely to hamper Japan’s economic recovery
Though Japan’s economic recovery was sluggish in the first half of this year, COVID-19 resurgence remains the biggest obstacle in the second half.
In its report for global economic prospects released in June, the World Bank raised its forecast for global economic growth this year to 5.6 percent, compared with a mere 2.9 percent for Japan’s economy growth.
Japan’s Cabinet Office recently released a monthly economic report that Japan’s economic recovery is still grim under the impact of the pandemic. Although the recovery momentum is continuing, some sectors remained weak.
Japan s April industrial output up 2.5%, exceeding pre-pandemic level Today 01:02 pm JST Today | 04:52 pm JST TOKYO
Japan s industrial output in April rose 2.5 percent from the previous month, with the index of production at factories and mines exceeding the level before the coronavirus pandemic, government data showed Monday.
The seasonally adjusted index stood at 99.6 against the 2015 base of 100, above the 99.1 registered in January 2020 before the global spread of COVID-19, the Ministry of Economy, Trade and Industry said in a preliminary report.
The figure marked the second straight monthly rise, following a downwardly revised 1.7 percent increase in March. A ministry official said firm demand for capital investment abroad led to robust output in sectors related to machinery and information technology.
焦点：4―6月ＧＤＰに下方圧力、宣言再延長を警戒 マイナス成長も reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.