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Japan's economy grew 0.1 percent in the second quarter this year, slowing sharply from the previous two quarters. The slowdown comes as export growth moderated, and a stimulus-driven recovery in consumption ran out of steam.
The Cabinet Office says expansion in gross domestic product translates into an annualized increase of 0.4 percent. That's well below a median market forecast of 2.3 percent, after a revised 4.4 percent growth in the first three months of the year.
Economists polled by Reuters expect economic growth to remain slow in the coming quarters.