(Reuters) - "The economy is recovering, despite weakness in industrial production in some sectors," the government said in the report on Monday. Last month, it said the economy was recovering despite some weakness in consumption.
The mention of weakness in some areas of production marked the first cut in the government's view on output in 28 months. "Production in general machinery and transportation equipment, namely automobiles, is going through a soft patch mainly in reaction to very strong growth in October-December," a senior official at the Cabinet office said.
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