JAPAN's economic growth came in well below expectations in the final quarter of last year, going by data released yesterday.
This has reinforced fears of a renewed slowdown in the world's third-largest economy, even as other leading economies show signs of a pick-up in activity.
The rate of real or inflation-adjusted growth in the final quarter of 2013 was just 0.3 per cent; the market had expected it to be 0.7 per cent.
The annual rate of expansion, at one per cent, fell well short of the expected 2.5 per cent or more.
As reported in The Business Times yesterday, Prime Minister Shinzo Abe's administration has signalled its alarm that "Abenomics" may be losing some traction and begun preparing for...