Gov't downgrades economy for 1st time in 5 months

Gov't downgrades economy for 1st time in 5 months

TOKYO, Japan - Prime Minister Junichiro Koizumi is seated at a meeting of his economic ministers at his office on June 17, which adopted a monthly economic report for June. The government revised downward its assessment of the economic state for the first time in five months due to shrinking exports following a slowdown in overseas economies. (Kyodo)

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