Japan GDP grows

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The Independent Online
Japan GDP grows

Revised figures showed that Japan's GDP grew by 0.8 per cent in the second quarter, a far more robust performance than expected. Consumer spending and corporate investment explained the gains. The country's trade surplus also delivered a surprise, shrinking to $5.966bn in August, 1.3 per cent lower than a year earlier. Growth in imports exceeded the increase in exports. Tomorrow brings the Japanese Government's supplementary budget to stimulate the economy.

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