TOKYO -- Japan's economy grew an annualized 3.1% in the April-June quarter from the previous three months, the Cabinet Office said Thursday, bouncing back from a contraction in the prior quarter buoyed by rising consumption of automobiles and other durable goods.
Economy
Japan's Q2 GDP grows annualized 3.1% as consumption rises
Economy rebounds from revised 2.3% contraction in January-March quarter
Japan's GDP expanded in the second quarter of this year following a contraction in the previous three months. (Photo by Yo Inoue)
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