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March 10, 2010, 7:24 p.m. EST · Recommend ·

Japan reportedly to upgrade economic view

Alert Email Print By Michael Kitchen

LOS ANGELES (MarketWatch) -- Japan's monthly economic report, due out Monday, is expected to include an upgrade to the overall view for the first time in eight months, according to a report dated Wednesday. The Nikkei business daily reported that the economy is "making a steady recovery" due to corporate production growth on the back of stronger exports, particularly to China. The report, which didn't cite sources, contrasted with October-December economic growth figures released Thursday, which revised growth by a larger-than-expected margin to 0.9% from the previous quarter, compared to an initial reading of 1.1%

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