[Provisional translation]
On May 26, 2026, Prime Minister Takaichi attended a meeting of the Ministerial Council on the Monthly Economic Report and other relative issues at the Prime Minister’s Office.
Regarding the assessment of the current state of the Japanese economy, the May Monthly Economic Report states, “The Japanese economy is recovering at a moderate pace, while attention should be given to the effects caused from the situation in the Middle East.” Concerning short-term prospects, the Report states that “the improvement in the employment and income situation and the effects of the policies are expected to support a moderate recovery, while attention should be given to the effects caused from the situation in the Middle East.” The Report further states that “attention should be given to the effects of fluctuations in the financial and capital markets, as well.”