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Japan's economy is in recession, data suggests
BY KEN SAKAKIBARA STAFF WRITER
2012/11/08
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New vehicle sales in Japan fell 5.7 percent in October compared with a year earlier, the second straight monthly decline. (Asahi Shimbun file photo)
Japan appears to have entered a recession for the first time in four years, as a key indicator of the current state of the economy fell for a sixth consecutive month, the government said.
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