- net exports to improve moderately as a trend, albeit with some fluctuations
- expansion of overseas production, mainly car makers, likely to weigh on exports for time being
- ouseold spending to stay firm, reflecting improvements in jobs, income as sales tax effect begins to subside
- factory output likely to sustain moderate rising trend as sales tax effect fades
- output by car makers, IT manufactures may remain weak
USDJPY still 102.14
