Japan’s economy grows more than expected on strong exports and moderate consumption

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The story "Japan’s economy grows more than expected on strong exports and moderate consumption" was covered 1 weeks ago by Business Mirror, a news publisher based in Philippines.

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Japan’s economy grows more than expected on strong exports and moderate consumption - Business Mirror

Quick Summary:

TOKYO—Japan’s economy grew at a better-than-expected annual rate of 2.8 percent in October-December, underlined by steady exports and moderate consumption.

The positive data sent Japan’s benchmark Nikkei 225 higher, as well as other Asian markets.

Unlike the US and some other nations, Japan has been dogged by deflation, and these lower prices stifle growth.