11 July 2001, 09:51 Japan Cabinet repeats economy deteriorating in July report
Tokyo, July 11 (BridgeNews) - Japan's Cabinet Office (CO) did not
change its basic assessment of the overall economy in its July report,
saying, "the economy is deteriorating." The CO had revised down its views
for five months through June. Although the July economic view was not
revised it does not necessarily indicate the economy has bottomed, a CO
official said.
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