Japan’s economy grew at annualised rate of 4.6% in fourth quarter of 2009; Economy contracted 5.0% in year
Feb 15th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Japan's economy grew at a faster than expected 1.1 per cent pace in the last quarter of 2009 -- an annualised rate of 4.6 per cent - - compared with the previous three months, boosted by rising exports and domestic demand, according to preliminary data released in Tokyo on Monday. The economy contracted 5.0 per cent in 2009.