Bank of Japan – Monthly Report of Recent Economic and Financial Developments (July 2010)
The Bank of Japan's July 2010 Monthly Report of Recent Economic and Financial Developments, published on Tuesday, said the country was likely to grow at a "moderate pace" despite persistent slack in the economy.
The report, based on data and information available during the central bank's monetary policy meeting on 14 and 15 July, showed further signs of a recovery in Japan's economy. The gains were induced by an "improvement in overseas economic conditions" with exports rising by 9.4 % in the
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