Japan’s Economy Grows for Longest Stretch in 28 Years

TOKYO—Japan recorded its eighth straight quarter of growth, the longest streak since its heyday in the late 1980s, and economists generally expect modest expansion to continue this year.

The economy expanded an annualized 0.5% in the last three months of 2017 from the previous quarter, the government said Wednesday. The economy grew 1.6% in 2017—the fastest pace in seven years—an indication that Prime Minister Shinzo Abe is succeeding in generating more stable, albeit modest, growth.

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