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Japan's GDP growth slows to 0.5% in November: JCER

Recession indicator stays outside warning territory for 10th straight month

Commuters at Tokyo's Shinagawa Station: Improving data on job offers helped keep JCER's recession indicator low in November.   © Reuters

TOKYO -- Japan's gross domestic product grew 0.5% in real terms during November, expanding for the sixth consecutive month, an estimate released Tuesday by the Japan Center for Economic Research shows.

The estimate represents a slowdown from October's 2.5% expansion. Domestic private-sector demand fell for the first time in three months, with residential investment shrinking 0.9% and capital spending down 0.4%.

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