Economic

Japan’s quarterly growth disappoints ahead of sales tax hike

“Japan’s economy grew less than expected at the end of last year, countering forecasts it would see higher spending ahead of a sales tax increase in April.

Gross domestic product rose by 1% on an annualised basis in the three-month period to December, compared with market estimates for a 2.8% expansion.”

Source: BBC News – Japan’s quarterly growth disappoints ahead of sales tax hike

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