Japan's consumer sentiment rose for the third straight month in March amid signs of improving employment conditions, the government said Monday, upgrading its monthly assessment on consumer confidence.
The index of sentiment among households made up of two or more people gained 1.1 points from February to 40.9, the Cabinet Office said. The index, however, stayed below the boom-or-bust threshold of 50.
The office upgraded its assessment for the second consecutive month, saying the country's consumer confidence "has recently shown signs of recovery." It had said the confidence became "almost flat" in February.
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