February 15, 2015 / 11:50 PM / 5 years ago

Japan Q4 GDP expands annualised 2.2 pct, emerges from recession

TOKYO, Feb 16 (Reuters) - Japan’s economy expanded by an annualised 2.2 percent in October-December after contracting for two straight quarters, supported by a pick-up in exports, the Cabinet Office said on Monday.

The preliminary reading for gross domestic product compared with the median estimate of a 3.7 percent expansion in a Reuters poll of economists.

It followed a revised 2.3 percent contraction in the third quarter of last year, when the economy was hit by a sales tax hike.

On a quarter-on-quarter basis, GDP increased 0.6 percent in the fourth quarter.

To view the full tables, go to the Cabinet Office’s website:

here (Reporting by Leika Kihara, Stanley White and Tetsushi Kajimoto; Editing by Chris Gallagher)

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