Monthly report on the economy released,
- leaves unchanged its overall assessment that the economy (recovering at a moderate pace)
- upgraded its assessment of capital expenditure (first time in nine months)
- flagged the trade war between the United States and China - said it could hurt Japan (a large portion of Japan's exports to China are used to make smartphones destined for the US) U.S. market.
The upgrade to business spending is the noted change in the report. Its has been rising (we got more evidence fo this yesterday, but not everyone agrees!)