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Japan car sales recovery helps November GDP up by 1.5%: JCER

Rise in domestic demand fueled by more chips and fewer COVID-19 cases

Japan's car exports rose over 9% in November month on month as the chip shortage eased.   © Reuters

TOKYO -- Japan's real gross domestic product grew 1.5% in November month on month with help from revived auto production and sales, according to estimates released on Tuesday by the Japan Center for Economic Research.

The economy expanded for the second consecutive month to reach 541 trillion yen ($4.69 trillion) in annualized, seasonally-adjusted terms.

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