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Japan's Q1 GDP expanded at a faster-than-expected annualized pace of 4.1%, outstripping...

Japan's Q1 GDP expanded at a faster-than-expected annualized pace of 4.1%, outstripping consensus of 3.5%. Compared to the previous quarter, GDP rose 1%. The growth was driven by a strong rebound in exports but also by post-earthquake reconstruction activity, which means the growth - high compared to developed peers - is likely unsustainable.
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