TOKYO -- Japan's economic growth rebounded 1.3% in October-December from the preceding three-month period, or an annualized rate of 5.4%, data from the Cabinet Office showed on Tuesday, recovering from a slump caused by the COVID-19 pandemic.
For 2021, the data on gross domestic product -- the broadest measure of a nation's economic activity -- showed that the world's third-largest economy grew 1.7%, marking the first expansion in three years. The economy contracted 4.5% in 2020 and 0.2% in 2019.
