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Japan's recession less serious than thought

Real GDP is likely to be upgraded to an annualised real 0.4 per cent decline from a 1.6 per cent drop.


JAPAN'S plunge back into economic recession in the third quarter of this year was almost certainly not as serious as originally estimated, official data on business investment published on Monday suggested - offering what analysts said could be a boost to prime minister Shinzo Abe's...

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