The current situation of and outlook for Japan’s economy  A. The current situation of Japan’s economy  Japan’s economy has continued to recover moderately as a trend. Although the effects of the decline in demand after the consumption tax hike in April 2014 have still been seen in part, those effects have been waning on the whole.
Second, these manufacturing industries are linked to a wide range of domestic industries, and therefore the fall in exports broadly affected domestic industries, including those that do not directly engage in export-related activities.