Japanese Govt downgrades its view on exports for the first time in 3 years

In its monthly economic assessment report, the Japanese Cabinet Office downgraded its view on the country’s exports for the first time in three.

Key Headlines:

The government maintains that "the economy is recovering at a moderate pace" in August. 

The government expects the economy to continue recovering but needs to monitor the impact of trade issues on the global economy.

See recent pause in exports and imports recovery while also pointing to slowing trade with China as one the main reasons for the downgrade.