3 July 2001, 11:52  Japan to cut economic assessment for 6th straight month in July - report

TOKYO (AFX-ASIA) - The Cabinet Office has begun considering downgrading its key economic assessment in its July report for the sixth straight month, the Yomiuri Shimbun reported, without citing sources. The agency is likely to state that "the economy is further deteriorating," compared with its analysis in the June report that the economy is deteriorating. The Cabinet Office is scheduled to release the July report on July 11.

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