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Japan Q4 GDP revised down to annualized 0.1% growth

Weak consumption weighs down recovery; upcoming wage hikes may be insufficient

Japan's economy grew an annualized 0.1% in the fourth quarter, less than the preliminary estimate of a 0.6% expansion. (Photo by Konosuke Urata)

TOKYO (Reuters) -- Japan's economy grew a tad slower than initially estimated in the fourth quarter, revised government data showed on Thursday, weighed down by weak consumption and underscoring the fragility of its recovery.

Gross domestic product (GDP) for the world's third-biggest economy expanded by an annualized 0.1% in October to December, against a preliminary estimate of a 0.6% expansion and much lower than economists' median forecast for a 0.8% rise in a Reuters poll.

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