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Ray of Light: Japan's GDP Unexpectedly Surges 4.6% in Q4

Posted Feb 15th 2010 3:20PM by Joseph Lazzaro (RSS feed)
Filed under: International Markets, Good news, Japan

More encouraging news regarding the global economic recovery, as Japan's economy unexpectedly grew at an annualized rate of 4.6% in Q4, Bloomberg News reported Monday, or well above the 3.5% Bloomberg survey estimate.

Exports, as is typically the case when Japan's economy revs-up, led the expansion, as strong export demand to China was bolstered by rising business capital spending, and improving private consumption, TheAustralian.com reported Monday.

Continue reading Ray of Light: Japan's GDP Unexpectedly Surges 4.6% in Q4

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Last updated: May 27, 2012: 01:49 AM

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