Strong growth for Japan, but outlook still 'close to zero'

May 20, 2015 2:55 AM

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Here's the good news: Japan's economy is posting strong growth. But the bad news? Economists are warning there's slower expansion ahead for Asia's second-largest economy.

Gross domestic product grew by an annualized 2.4% in the three months ended March, Japan's Cabinet Office said Monday. The figures were better than what most experts were expecting, and stronger than last quarter's growth.

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