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Japan’s real gross domestic product in October-December last year is estimated to have grown 1.4% from the previous quarter on average, for an annualized rise of 5.6%, according to forecasts by 11 private-sector think tanks.

Amid a decline in the number of new coronavirus cases in the final quarter of 2021, personal spending is estimated to have grown 2.2% after sinking in the previous quarter.

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