Economy continues to recover moderately; be careful of rising prices due to high resource prices and exchange rates – Chief Cabinet SecretaryTOKYO () – Chief Cabinet Secretary Yoshimasa Hayashi said at a press conference on the morning of the 16th that although the real gross domestic product (GDP) for the January-March period announced that day was negative due to special factors, Regarding the outlook, he said, “A gradual recovery is expected” due to wage increases and other factors. On the other hand, he expressed the view that sufficient attention should be paid to the risk that resource price and exchange rate fluctuations could push up domestic prices through increases in import prices.
TOKYO () - Chief Cabinet Secretary Yoshimasa Hayashi said at a press conference on the morning of the 16th that alt...