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Economy

Japan's economy shrank 0.1% in June

TOKYO -- Japan's real gross domestic product contracted 0.1% from the previous month in June, declining for a third consecutive month, the Japan Center for Economic Research said Monday.

     Real personal spending decreased 0.4% to slip into negative territory. Capital spending dropped 1.4%, declining for the second month in a row and weighing down the overall economy.

     Exports inched up 1% and imports rose 0.2%.

(Nikkei)

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