PhotoTOKYO — Japan’s economy grew more strongly than expected in the second quarter, extending the longest streak of uninterrupted growth in 11 years, government data showed on Monday. Japan’s government has been trying to spur the economy with a stimulus program known as Abenomics, after Prime Minister Shinzo Abe. The strategy has helped Japan’s exporters but has done little to increase domestic income or spending. The economy has now expanded for six consecutive quarters, the first time it has gone that long without a contraction since the 2005-6 period. Advertisement Continue reading the main storyThe pace of expansion also accelerated from the previous quarter, and was stronger than economists had expected.

Source: New York Times August 14, 2017 00:56 UTC