Japan projects broadly based economic improvement

02/27/2013 | Reuters

The Japanese government's official outlook for factory output, corporate sentiment and earnings, and consumer spending have all been revised upward as the yen continues its slide and market sentiment picks up. "Some weakness is likely to remain for the time being, but we expect the economy to recover as sentiment improves due to improving exports, economic stimulus and the impact of monetary policy," the Cabinet Office said in its latest monthly report.

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