• Kyodo

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The government is likely to improve its view on the economy in March for the first time in eight months, with corporate profits and production improving on the back of a pickup in exports, sources close to the matter said Friday.

The government, however, may refrain from expressing optimism about private spending in its monthly economic report to be released Monday, as it has remained sluggish in the wake of last April’s consumption tax hike, the sources said.

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