Japan's Q3 growth forecast downgraded

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Source: mninews
© Scanpix/Reuters

Japan's Q3 growth of the GDP is going to be downgraded to an annual increase of 5.1% from 6.0% expected. Experts explain the decrease as a result of lower capital investment, reported Market New International. However, preliminary data of the GDP indicated the country's economy increased 1.5% on a quarterly basis indicating the first increase in the last four quarters.

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Tue, 06 Dec 2011 08:35:40 GMT

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