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Japan upgrades economic view for first time in 8 mths

Tue, Mar 24, 2015 - 5:50 AM

The government expects the economy to be helped by cheaper crude oil prices, which could boost purchasing power at households.

PHOTO: AFP

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...

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