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Japan's Economy Out Of Recession But Still In Doldrums - Yahoo News

Nikkei leads gains in Asia, hits 8-year high after GDP 16, 2015, show the world's third-largest economy emerged from celebs recession in October-December, as many economists had forecast. (AP Photo/Eugene Hoshiko, File) TOKYO (AP) -- Japan emerged from recession last quarter, but the rebound in the world's third-largest economy was much weaker than economists had forecast. Questions and answers about what's next and the possible implications for global growth. HOW IS JAPAN'S RECOVERY DOING? The economy grew quickly at the beginning of 2014 visit site before a sales tax hike and then contracted for two quarters, suffering its second recession in five years. In the fourth quarter, it regained momentum to grow at a 2.2 percent annualized rate. But that was much weaker than the growth of about 4 percent expected by most tape economists, showing the reluctance of consumers and businesses to spend and invest. WHAT'S THE OUTLOOK? Over the past two years, Japan's government has undertaken unprecedented stimulus efforts that have yet to produce convincing results and were also set back by the April tax hike.
Read more: http://news.yahoo.com/japans-economy-recession-still-doldrums-082121174.html

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