Japanese GDP grew by a better-than-expected one percent in the second quarter of 2017. That marks the longest period of sustained growth in more than a decade. Wages are up, and so is consumer spending.
Tokyo and Brussels have agreed a free trade accord, opening up the EU to Japanese cars and Japan to European cheese. Japan's economy meanwhile has recorderd its longest uninterrupted growth since 1994.
A panel of experts advising the German government on its economic policy has forecast the biggest GDP growth rates yet for the country for this year and next. But their optimism comes with a stern warning.
Gross domestic product of the world's third-largest economy has grown in yet another quarter, making it the longest period of economic expansion in more than 16 years. But private consumption is losing steam.
Germany's factory output increased by almost 3 percent in August, its biggest increase in six years. That suggests strong third quarter GDP growth in more good news for Europe's largest economy.
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