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Economy

Japan GDP rises 0.3% in December on strong capex: JCER

Capital spending grows 2.6%, while consumer expenditures dip

A worker assembles lawn mowers at a factory in Matsuyama, western Japan. (Photo by Tetsuya Katayama)

TOKYO -- Japan's economy grew 0.3% on the month in December when adjusted for inflation, according to estimates published Monday by the Japan Center for Economic Research.

Capital spending drove the growth with a 2.6% increase, while consumer spending fell 0.2%.

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