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Economy

Japan GDP down 2.1% in February

TOKYO -- Japan's real gross domestic product likely shrank 2.1% on the month in February, dropping for the first time in three months, the Japan Center for Economic Research said Wednesday.

     Exports fell notably, by 6.5%, due to the Chinese New Year. Private-sector capital investment also fell 1.8% after a sharp increase in January. Consumption slowed for a third straight month, by 0.4%.

(Nikkei)

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