Japan’s economy grew less than originally expected in the fourth quarter of 2009, but the revised gross domestic product data unveiled on Thursday confirmed the strength of the cyclical recovery, the FT reported, citing government data. The strength of the data meant “concerns about a double-dip recession have receded slightly”, Keisuke Tsumura, a Cabinet Office parliamentary secretary, said.

This entry was posted by Stacy-Marie Ishmael on Thursday, March 11th, 2010 at 20:16 and is featured in The Closer (11 Mar 2010) . Tagged with japan, Recession, recovery. Edit this entry.