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Economic assessment for May remains the same

5, 31. 2007

The Japanese government on May 22, 2007 announced its monthly economic report for May, saying that the economic assessment for the month was that the economy was continuing its recovery, although weakness was felt in some part of production. The assessment thus remained the same as that for April. As the assessment used the word “recovery”, the duration of the current economic expansion reached five years and four months, renewing the record length of period of continued economic growth after the war.

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