Japan's Motegi: No change to view Japan's economy is recovering moderately

Japanese Economy Minister Toshimitsu Motegi said on Wednesday there was no change to the view that the country’s economy was recovering moderately, even though the data released earlier today showed the economy contracted 1.2 percent in the third quarter.

Key comments (Source: Reuters)

Japan’s economy is expected to recover driven mainly by domestic demand.

We need to be vigilant to the impact of overseas uncertainties, financial market volatility and how trade problems affect the global economy.