Japan

Japans Economy Slowed in Second Quarter

GDP grew by 0.3 percent, down from one percent in the first quarter.

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Japan's economic growth slowed in the second quarter as the eurozone crisis hurt exports and domestic consumption remained subdued.

Gross domestic product grew by 0.3% during the period from the previous three months. That is down from 1% growth in the first quarter.

Compared with the same period last year, the economy expanded by 1.4%.

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