BBC News
February 17, 2014

Japan’s economy grew less than expected at the end of last year, countering forecasts it would see higher spending ahead of a sales tax increase in April.

Gross domestic product rose by 1% on an annualised basis in the three-month period to December, compared with market estimates for a 2.8% expansion.

This was due to weaker private consumption and capital spending, as well as lower export figures.

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