Japan's economic growth accelerated

15 November 2009 @ 07:03 pm EDT

Japan's gross domestic product preliminary reading show the economy expanded 1.2% in the third quarter from the previous three months compared with an expansion by 0.6% that was revised to 0.7%, while analyst's estimates referred to 0.7%. The annualized GDP expanded 4.8% in the third quarter from a previous revised 2.7% from 2.3%, and it grew more than the anticipated 2.9%.

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