Japan economy grew in last quarter of 2012

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TOKYO (AP) — Japan’s economy did better than first thought in the last quarter of 2012, eking out a slight expansion instead of shrinking in a boost for Prime Minister’s Shinzo Abe’s policies to end two decades of deflationary stagnation. The government Friday upgraded its annualized growth figure for the fourth quarter to 0.2 percent, suggesting the world’s No. 3 economy is emerging from recession. The change raises growth for full-year 2012 to 2 percent from the originally recorded 1.9 percent….

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