"The economy is steadily picking up [and] deflation is easing," the Japanese Cabinet Office says...

|By:, SA News Editor

"The economy is steadily picking up [and] deflation is easing," the Japanese Cabinet Office says in its monthly economic report. However, the government stopped short of proclaiming a "clear recovery", saying it needed to see more improvement in the "income situation" and further evidence of a pick up in capex.