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Japan's Amari: economy recovering moderately albeit some weakness
November 16, 2015 / 1:22 AM / 2 years ago

Japan's Amari: economy recovering moderately albeit some weakness

TOKYO (Reuters) - Japanese Economics Minister Akira Amari said on Monday that the economy was in a moderate recovery trend albeit some weakness and that it would continue to improve gradually even though overseas economies posed downside risks.

Shoppers look at a pack of discounted nail glitter at an exhibition and sale during Tokyo Nail Expo 2015 in Tokyo, Japan, November 15, 2015. REUTERS/Yuya Shino

Amari made the remarks after government’s preliminary data showed the economy shrank an annualized 0.8 percent in July-September, marking a second straight quarter of contraction.

Amari said he would keep an eye on economic developments and manage economic and fiscal policy in a flexible manner.

Reporting by Tetsushi Kajimoto and Stanley White; Editing by Chang-Ran Kim

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