TOKYO (Reuters) - Japan’s Economy Minister Yasutoshi Nishimura on Tuesday voiced hope that rising household income and a rebound in exports would underpin consumption and prevent capital expenditure from weakening further.
“The economy was in a severe state in April-June because we intentionally halted activity to contain the coronavirus. But it has recently shown signs of picking up,” Nishimura told a briefing after a regular cabinet meeting.
Reporting by Leika Kihara; Editing by Chris Gallagher
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