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Japanese Eco Watchers' Current Index Rises, Outlook Declines

4/9/2012 1:15 AM ET

Japan's economy watchers' assessment of the current economic conditions improved for a second consecutive month in March, while the outlook index declined, a key survey revealed Monday.

Eco Watchers' survey results released by the Cabinet Office showed that the current conditions index rose to 51.8 in March from 45.9 in February. Economists expected an increase to 46.5.

The outlook index, that reflects the survey respondents' assessment of future economic situation in Japan, declined to 49.7 from 50.1.

by RTT Staff Writer

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