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TOKYO – Japan’s economy grew at a 2.2 percent clip in the last quarter on a sharp recovery in exports.
The preliminary data released Monday show the world’s third-largest economy emerged from recession in October-December, as many economists had forecast.
The government also revised upward data for earlier in the year to show a milder downturn than earlier reported.
The data put growth for the year flat at 0.0 percent, while real wages fell 0.1 percent.