TOKYO -- Japan's economy expanded at an annualized 0.4% in the October-December period from the previous quarter, according to revised figures released on Monday by the Cabinet Office, up from a preliminary 0.4% drop announced last month.
The revised data shows the economy bouncing back from a contraction in the July-September period thanks to a capital expenditure boost, thus avoiding a technical recession -- widely understood as two consecutive quarters of economic contraction.
%2520%E3%81%AE%E3%82%B3%E3%83%94%E3%83%BC.jpg?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)
