Forex Blog

November 16, 2009

Japan’s Economy Grows 1.2% in Q3

Japan’s economy grew by 1.2 percent in the third quarter as the world’s second largest economy expanded at a faster rate than expected. Government stimulus spending was credited with boosting consumer spending and most economists suggest even though future growth is expected to be lower than the Q3 results, most experts believe there is little chance that Japan’s economy could return to recession.

BBC News

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