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Japan's Economy Out Of Recession But Still In Doldrums - Yahoo News

Japan's economy grew at a 2.2 percent clip in the last quarter on a sharp recovery in exports. The preliminary http://joevsdx.iloveblog.com data released Monday, Feb. 16, 2015, show the world's third-largest economy emerged from recession in October-December, as many economists had forecast. (AP Photo/Eugene Hoshiko, File) TOKYO (AP) -- Japan emerged from recession last quarter, but the rebound in the world's third-largest economy was much weaker than economists had forecast. Questions and answers about what's next and the possible implications for global growth. HOW IS JAPAN'S RECOVERY DOING? The economy grew quickly http://greggwnsh.soup.io at the beginning of 2014 before a sales tax hike and then contracted for two quarters, suffering its second recession in five years. In the fourth quarter, it regained momentum to grow at a 2.2 percent annualized rate. But that was much weaker than the growth of about 4 percent expected by most economists, showing the reluctance of consumers and businesses to spend and invest.
Read more: http://news.yahoo.com/japans-economy-recession-still-doldrums-082121174.html

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