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    Japan’s Cabinet Office upgraded its assessment of the economy for the first time in eight months | 24.03.2015

     

    The Japanese Cabinet Office upgraded its assessment of the economy on Monday as business climate improved. It was the first time in eight months.

     

     

    The government said that Japan's economy recovers moderately. The economy is expected to recover, supported by falling oil prices and stimulus measures, while "employment and income situation show a trend toward improvement", the Cabinet Office said.

     

     

    Japan's government noted that a slowdown in overseas economies is a downside risk of the Japanese economy.


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