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Japan's Economy Surges in Third Quarter

9:55 PM, Nov 13, 2011   |    comments
Sony Headquarters in Tokyo (AP)
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TOKYO (AP) -- Japan's government says the economy expanded at a 6 percent annualized rate in the July-September quarter as the country staged a recovery from the March earthquake and tsunami.

The real gross domestic product reading marks the first expansion for the world's No. 3 economy in four quarters.

The Cabinet Office said Monday that the result translates to GDP growth of 1.5 percent from the previous quarter.




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