Retail in Asia

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Japan’s economic growth slows to 0.3pc in 2Q

Japan’s economic growth slowed in the second quarter as the eurozone crisis hurt exports and domestic consumption remained subdued.

Gross domestic product grew by 0.3 percent during the period from the previous three months. That is down from 1 percent growth in the first quarter.

Compared to the same period last year, the economy expanded by 1.4 percent.

(Source: BBC News)