- Japan’s government cuts output view on China pandemic curbs in June
Market news
20 June 2022
Japan’s government cuts output view on China pandemic curbs in June
In its June economic assessment report, the Japanese government maintained its overall view of the economy but cut its outlook on output.
Key takeaways
Japan's government cut view on factory output for the first time in seven months.
The government said a pickup in output appeared to be stalling.
Raised its assessment of imports from the previous month, saying they had stopped falling as the sharp decline in shipments from China appeared to be slowing.
Gave a more favourable view of housing investment on an improvement in rental housing construction.
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