By and  on August 13, 2012

TOKYO — Japan's economy grew at a slower-than-expected pace in the second quarter of the year, increasing just 1.4 percent at an annualized rate, the country's Cabinet Office said Monday.

That figure comes after Japan saw a strong economic rebound in the first three months of the year. First-quarter gross domestic product grew at annualized pace of 4.1 percent in preliminary terms — a number that was subsequently revised up to 5.5 percent.

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