Japan avoids technical recession as economic growth figures revised

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Japan has avoided falling into a technical recession after its official economic growth figures were revised.

The revised data shows gross domestic product (GDP) was 0.4% higher in the last three months of 2023 compared to a year earlier.

Provisional figures released last month indicated the second consecutive quarter of economic contraction.

Two quarters in a row of an economy shrinking is typically considered the definition of a technical recession.

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