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Japan Govt Maintains Economic View

Japan's government maintained its economic assessment for September, saying the economy is on a moderate recovery.

In its monthly report, the Cabinet Office retained its view on private consumption, business investment, exports, industrial production, corporate profits and employment situation.

The government last raised its overall assessment in June.

The government expects the economy to recover, supported by the effects of the policies, while employment and income situation is improving.

However, attention should be given to the uncertainty in overseas economies and the effects of fluctuations in the financial and capital markets, the government added.

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