The Japanese government has pointed the out debt crisis in Europe and flooding in Thailand as risk factors for the Japanese economy.

In its report for November, released on Thursday, the government left its monthly assessment of the domestic economy unchanged.

Also unchanged is its monthly assessment on corporate output. The government says it's slowly recovering. The report says exports are flat, while personal consumption is almost unchanged.

However, the assessment for corporate investment was downgraded due to the impact of the strong yen. The report says such investment is bottoming out, but there are some signs of weakness.

Analyzing the economic outlook, the report pointed out risk factors ahead. They include a slowdown in the global economy as European debt problems continue, the continued strong yen, and the impact of the floods in Thailand.

Source: http://www3.nhk.or.jp/daily/english/20111124_21.html

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