Things could be worse: Japan government

Japan’s government kept its view of the economy unchanged in December, snapping a four-month-long run of downgrades that was the longest such sequence since the 2008-09 financial crisis, but warned the overall economic environment remained sluggish.

In its monthly assessment of the economy, it said that while weakness would remain for now, a recovery from Japan’s fourth recession since 2000 was expected as domestic demand picks up on the back of reconstruction spending following last year’s earthquake and an improvement in the global economy.

via Business feed http://www.scmp.com/business/economy/article/1109746/things-could-be-worse-japan-government