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Japan may duck economic recession in last quarter

Factory output up 1.4 per cent in October; retail sales spiked more than expected

he entrance to a department store in Tokyo. Retail sales in Japan increased by 1.8 per cent compared with a year ago.


FEARS that the economic recession in Japan could be extended into the final three months of this year eased somewhat on Monday, with the release of official data showing that industrial output rose for a second consecutive month in October, and that retail sales rose more sharply