HUGE BEAT: JAPAN'S ECONOMY GREW FASTER THAN ANYONE THOUGHT LAST QUARTER

Japanese economic growth soared in the three months to June, logging the fastest increase in more than two years. According to data released by the government on Monday, real GDP surged by 1% in the June quarter, easily surpassing expectations for a smaller increase of 0.6%. The expansion was larger than any individual economic forecast offered to Reuters/' title='Thomson Reuters News'>Thomson Reuters, putting the scale of the beat into perspective. With the quarterly growth sho...

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