TOKYO -- Japan's economy staged a recovery in the fourth quarter on the strength of consumer spending and exports after a decline during the previous three months, a Nikkei survey of private-sector economists shows.
Real gross domestic product grew an estimated 2.3% on an annualized basis in the October-December period compared with the previous quarter, according to the average among 10 analysts. Their growth estimates ranged from 1% to 4.1%.
