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

HOW IS JAPAN'S RECOVERY DOING? The economy grew quickly at the click beginning of 2014 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 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. Recent data are http://cobbunkx.manifo.com mixed. Demand for workers and machinery has increased and exports have risen. But the private demand that accounts for about two-thirds of growth remains weak, suggesting the economy will be sluggish this year http://jayvyad.soup.io after flat-lining in 2014.
Read more: http://news.yahoo.com/japans-economy-recession-still-doldrums-082121174.html

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