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Japan Economy: Consumer Confidence on the Rise

Japanese consumer confidence rose slightly in September after dipping the previous month, reflecting a cautious recovery from the impact of the March earthquake and tsunami, data showed Tuesday.

But people still held a generally cautious view of the economy with a strong yen continuing to hurt exporters at a time of global economic uncertainty, according to the Cabinet Office.

The consumer confidence survey index rose more than one point to 38.6 in September, slightly improving from 37.0 in August. Readings below 50 mean pessimists outweigh optimists.

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