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Gov't leaves dismal economic assessment intact.

Publication: Japan Weekly Monitor
Publication Date: 24-DEC-01
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TOKYO, Dec. 17 Kyodo

The government left its dismal economic assessment intact in a monthly report issued Monday, although wording used to depict the overall trend was milder.

''The economy continues to deteriorate,'' the Cabinet Office said in the December report, citing weakening private consumption, a record-high 5.4% unemployment rate in October, falling industrial production, slipping corporate earnings, and declining corporate investment.

The previous month, the Cabinet Office had downgraded its...

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