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Japan's economy grows 0.3% in Q4, 1.6% in 2013: Govt

Published on Feb 17, 2014 8:15 AM
 
Heavy machineries are seen in a construction site in Tokyo on Feb 12, 2014. -- FILE PHOTO: REUTERS

TOKYO (AFP) - Japan's economy grew 0.3 per cent in the October-December quarter, bringing the annual expansion to 1.6 per cent in 2013, official data showed on Monday.

The quarterly growth was weaker than the 0.7 per cent expansion economists had expected on average in a survey by the Nikkei economic daily.