Japan economy ends recession

2009-08-17 18:56 BJT

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Now a sigh of relief for Japan, which reports its economy grew by 0.9 percent in April to June, signaling a possible end to Japan's longest recession since the Second World War.

The preliminary GDP figure released on Monday fell slightly short of a median market forecast of a 1 percent increase. But, the rebound put Japan in the first camp of G7 countries that have pulled out of recession, along with Germany and France. If that rate is maintained for a full year, experts say the economy will grow by 3.7 percent.

The government says the recovery in the second quarter was driven by robust demand for electronic goods and other exports.

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Editor: Liu Fang | Source: CCTV.com