Revised governmrnt figures show Japan avoids recession in third quarter
Japan economy
Tokyo - Arab Today
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Japan's economy grew 0.3 percent in the July-September quarter, revised data showed Tuesday, just weeks after initial estimates showed that it had fallen into recession, denting Tokyo's Abenomics growth blitz. The upward revision -- from an preliminary reading of a 0.2 percent contraction -- comes on the back of upbeat factory output and capital spending that stoked optimism over the state of the world's number three economy. |
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