Japan's economic growth to decelerate

Note: This section contains information in English only.
Source: Reuters
The world's third-largest economy is still expected to develop faster than its developed nations during this year, but slower than it was foreseen in June. The growth forecast was slashed by 0.1 per cent to 2.2 per cent, while the GDP seen to slow down to 1.5 per cent. Meanwhile, the industrial output to grow 3.6 per cent in this year and 3.2 in the next one. On the top of that, the Japanese yen has weakened almost 2 per cent during this year.
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Thu, 19 Jul 2012 17:20:19 GMT

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