Mumbai, Feb. 6 -- Japan's economy continued to recover at a moderate pace in December, supported by Prime Minister Sanae Takaichi's JPY 21.3 trillion fiscal package aimed at easing household costs and supporting growth. The Bank of Japan also reinforced accommodative conditions despite raising its short-term rate by 25 basis points to 0.75% in December, noting that real interest rates remain deeply negative. At the same time, flash data showed Japan's coincident economic index edged down to 114.5 from 114.9, its lowest level since August, reflecting ongoing pressure on export-oriented sectors such as autos amid US trade policy headwinds.
Published by HT Digital Content Services with permission from Capital Market....