Japan economy in surprise growth

TOKYO. November 15. KAZINFORM Japan's economy expanded faster than expected between July and September, but much of the growth was due to one-off factors; Kazinform refers to BBC News.
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The country's gross domestic product (GDP) was 0.9% during the third quarter, up from 0.4% in April to June.

Analysts said the growth was fuelled by sales of green cars before the end of government subsidies, and smokers buying cigarettes before a tax rise.

Growth is expected to be weaker in the last quarter due to reduced exports.

Japan's exports are continuing to be affected by the high value of the yen, which either makes its products more expensive for overseas customers, or reduces the earnings of Japanese exporters if they choose to cut prices to compensate; Kazinform cites BBC News.

See www.bbc.co.uk for full version

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