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Japan govt: economy picking up, exports better

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Japan's government stuck to its assessment that the economy is slowly recovering on Thursday but raised its view on exports, saying overseas shipments are showing signs of stabilising on a moderate pickup in the United States and some return in Asian demand. It said in a monthly report that the pace of decline in consumer prices has eased but Japan remains in mild deflation, a slight change from the previous report when it just said the economy was in mild deflation. (Reuters)

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