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.
The Reopen America Back to School Special is now live! Save up to 60% on our most popular items!