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Japan's economic expansion ended in 2018 in setback for Abenomics

Recovery lasted from December 2012 to October 2018, just missing longest boom

Japanese machine tool orders have been negatively affected by the US-China trade rift.

TOKYO -- Japan's Cabinet Office will tentatively recognize that the country's most recent economic expansion phase, which started in December 2012, came to an end in October 2018, Nikkei has learned, in a setback for Prime Minister Shinzo Abe.

The Cabinet Office will officially approve the judgment following a view to be expressed at an upcoming study group of economists.

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