People walk past clothes displayed outside a shop in Tokyo in this Aug. 29 photo. Japan’s government cut its overall economic assessment for the first time in five months as private consumption is struggling to recover from the slump caused by April’s sales tax hike, clouding the outlook for a sustained recovery. The government Friday cut its view on private consumption, which accounts for about 60 percent of the economy, saying that consumer spending is seen pausing although a pick-up trend remains intact.SD-Agencies
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