TOKYO, Aug 26 (Reuters) – Japan’s government maintained its economic assessment for a fourth straight month in August but offered a slightly bleaker view on the outlook than in July, as a resurgence in COVID-19 infections weighted on consumer spending.
“The economy continues to pick up but showing some weaknesses as conditions remain severe due to the coronavirus pandemic,” the government said in its monthly economic report released on Thursday.
On the outlook, the August report warned of the need to pay attention to “heightening downside risk caused by the pandemic.”
That compared with the previous month’s view that said the government needed to be vigilant to the “impact” of the pandemic.
The government kept its assessment unchanged for most parts of the economy including…