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Even if the Economy Bottoms Out, the Pace of Recovery Will Be Moderate
(1)Current State of the Economy: Two Consecutive Quarters of Negative Growth
(2)Outlook Going Forward: Has Abenomics Been a Failure?
(3)Outlook for Fiscal 2014 and Fiscal 2015: Recovery Will Only Be Gradual after the Economy Bottoms Out
(4)Trends in Overseas Economies