TOKYO -- Japan's economy grew at an annualized pace of 0.9% in May from the previous month, led by private-sector capital expenditures, according to an estimate released by the Japan Center for Economic Research (JCER) on Wednesday.
Economy
Japan GDP growth rebounds to annualized 0.9% in May: JCER
April-June quarter seen also growing at similar pace
A rebound in business investment in Japan contributed to an upturn in the economy in May. © Reuters
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