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2024

Japan's economy grew last quarter on healthy consumer spending

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TOKYO, Japan: Japan's economy expanded at an annual rate of 3.1 percent in the April-June period, rebounding from a contraction in the previous quarter, according to the latest government data.

The world's fourth-largest economy grew 0.8 percent in the fiscal first quarter, driven by solid consumer spending and business investment.

Seasonally adjusted gross domestic product (GDP) measures the value of a