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Japan to Cut Economic Assessment for Fifth Month, Nikkei Says

By Fergus Maguire

Feb. 17 (Bloomberg) -- Japan’s government may cut its economic assessment for a fifth month, Nikkei English News said, without citing anyone.

The Cabinet Office report, to be released on Feb. 19, is likely to downgrade it description of the economy from “worsening rapidly,” the Nikkei said.

The report may also cut its assessments for employment and personal consumption, the news wire said.

Last Updated: February 16, 2009 16:14 EST

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