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Economy

Japan GDP growth in April-June upgraded to annualized 1.9%

Solid capital expenditure lifts economy even as COVID hits service sector

The increase in GDP was Japan's first in two quarters.   © Reuters

TOKYO (Reuters) -- Japan's economy grew faster than the initially estimated in the April-June quarter, helped by solid capital expenditure, although a resurgence in COVID-19 is undermining service-sector consumption and clouding the outlook.

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