Japan upgrades economic assessment

The Japanese government upgraded its view of the economy on Wednesday 15 June for the first time in 11 months, citing recovery in personal spending and the labour market.

The Cabinet Office report for June follows several positive economic signs, such as growing consumption, better consumer sentiment and rising salaries.

Economy Minister Heizo Takenaka said the economy is on track to rebound.

"It's our view that the economy is moving toward emerging from the plateau that it has been on for some

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