Japan has continued to see a moderate recovery, the Bank of Japan said Tuesday in its monthly report on the economy. However, the central bank warned that certain aspects of the economy have been impacted by a slowdown in the emerging world.
The Bank of Japan said that exports and industrial production have been basically flat as a result of the slowdown in emerging economies. Elsewhere, there has been growth at a moderate pace in advanced economies, the bank said.
Looking ahead, the Bank of Japan said it expects the country’s economy to continue to show a moderate recovery.
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