Japan’s Government Still Sees Modest Economic Recovery Despite Sluggish Consumption, Flat Real Wage Growth Amid Food-Led Inflation

By Max Sato (MaceNews) – Japan’s government maintained its overall assessment that the economy’s “modest recovery” is set to continue despite sluggish consumer spending and flat real wage growth amid high costs for food and other necessities. In its monthly report for December released Friday by the Cabinet Office, the government said the economy is […]