Edmonton Journal

Japan’s economic data a mixed bag

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TOKYO — The state of Japan’s economic recovery remains murky, with inflation still nearly flat in May despite unpreceden­ted monetary stimulus, though joblessnes­s was flat at 3.3 per cent and household spending rose for the first time in over a year. The data released Friday followed relatively weak indicators that have showed softening demand and slowing industrial production. Economists say the world’s third-largest economy slowed or possibly contracted in the April-June quarter.

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