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Japan upgrades economic view for first time in 8 mths

Tuesday, March 24, 2015 - 05:50
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The government expects the economy to be helped by cheaper crude oil prices, which could boost purchasing power at households.

Tokyo

JAPAN'S government upgraded its view on the overall economy for the first time in eight months on Monday, noting a moderate recovery trend as factory output is picking up on the back of improving corporate activity.

In its monthly economic report, the government also raised