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Japan's GDP in April-June on track for 2.6% annual pace

Domestic demand propels growth while exports struggle

TOKYO -- Japan's real gross domestic product in the April-June period is expected to have climbed an annualized 2.6% from the previous quarter on greater domestic demand stemming from capital investment and personal consumption.

If realized when official statistics come out Aug. 14, the gain would mark the first time in 11 years that Japan's economy grew for six straight quarters. It also would be the highest annual growth rate in the current streak, which began with a 2.5% jump in January-March 2016. The estimate was calculated by averaging the outlook from 10 private think tanks.

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