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Japan's Economy Out Of Recession But Still In Doldrums - Yahoo News

Japan's economy grew at a 2.2 percent clip in the last quarter on a sharp recovery in exports. The preliminary data released Monday, Feb. 16, 2015, show the world's third-largest economy emerged from recession in October-December, as many economists had forecast. (AP Photo/Eugene Hoshiko, File) TOKYO (AP) -- Japan emerged from recession last quarter, but the rebound in the world's third-largest economy was tape much weaker than economists had forecast. Questions and answers about what's next and the possible implications for global growth. HOW IS JAPAN'S RECOVERY DOING? The economy grew quickly at the beginning of 2014 before a sales tax hike and then this one contracted for two quarters, suffering its second recession in five years.
Read more: http://news.yahoo.com/japans-economy-recession-still-doldrums-082121174.html

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