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Economy in moderate recovery trend - Japan economy minister Ishihara
May 18, 2017 / 12:46 AM / 6 months ago

Economy in moderate recovery trend - Japan economy minister Ishihara

TOKYO (Reuters) - Japan’s economy is in a moderate recovery trend and is expected to recover gradually ahead, backed by improvement in job and income conditions, Economy Minister Nobuteru Ishihara said on Thursday.

Ishihara made the comment after data showed Japan’s gross domestic product (GDP) grew for a fifth straight quarter in January-March led by private consumption and exports.

Still, attention should be paid to uncertainty surrounding the global economy and fluctuations in financial markets, Ishihara told a news conference.

Reporting by Tetsushi Kajimoto and Minami Funakoshi; Editing by Chang-Ran Kim

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