JAPAN DATA: The Cabinet Office on Wednesday confirmed that the
Japanese economy has been in a recovery phase since April 2009 after
hitting bottom in the previous month. The government’s panel of
economists has also concluded that Japan’s longest post-war economic
expansion lasted until February 2008, longer than its previous estimate
that it ended in October 2007. The expansion period began in February
2002 and lasted for 73 months, instead of 69 months as previously
believed.