Renewed demand for Japan’s exports helped grow Japan’s economy by 1.2 percent for the first quarter of 2010. Much of the increase came in the form of increased auto sales and consumer high tech products.
The annualized growth rate of 4.9 percent fell short of predictions and Takeshi Minami, economist at Norinchukin Research Institute, said Japanese growth was likely to slow between April and June.
“It will be difficult to expect exports to continue making this much of a contribution,” he said.
Source: BBC News
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