The economy is expected to recover gradually as wages and incomes improve

Commenting on second-quarter Gross Domestic Product (GDP) data released on Thursday, Japanese Economy Minister Yoshitaka Shindo said “the economy is expected to recover gradually as wages and incomes improve.”

Additional quotes

The government (government) will work closely with the Bank of Japan (BoJ) to achieve flexible macroeconomic policy management.

The government will closely monitor the economic situation, prices and financial markets.

You need to be aware of downside risks in the overseas economy, market movements.