Japanese economy expands less than forecasted

Note: This section contains information in English only.
Source: RTT News
Economic growth in Japan was only 0.3% in the last quarter of 2013, the preliminary data showed on Monday. Moreover, the expansion pace for July-September quarter was revised down from 0.5% to 0.3%. Analysts expected a 0.7% GDP rise in Q4. On the annual basis, Japanese economy jumped 1%, however, analysts predicted a much stronger pace of increase – by 2.8%.

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