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Bank of Japan stimulus 'working'

The Bank of Japan's substantial stimulus spending is already boosting the country's economy, says analyst Martin Schultz of the Fujitsu Research Institute.

He told the BBC's Asia Business Report that exporters' profits were rising due to the recent weakness in the yen, and overall business sentiment was higher.

Yet ahead of the release of the latest consumer confidence data, Mr Schultz said that households still remained cautious, as they want to see the impact the moves will have on the overall economy.

  • 17 Apr 2013