Tuesday, August 14, 2012

Japan's economic growth stumbles

Aug 13, 2012 by http://www.euronews.com/

 Japan's economy expanded by just 0.3 percent in the quarter from April to June compared with the first three months of the year.That was just half the pace that economists had expected. Growth from the same period last year was 1.4 percent.

The figures provide fresh evidence of a global slowdown hitting the United States, Europe and even China and economists fear the slowdown for Japan is not over yet.

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