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japan's economy growing at its fastest pace in a year g. d. p. outlined annualized two point four percent in the first quarter beating expectations individual and company spending both taking up gradually it's the latest line of the country's emerging from last year's recession good news for the central bank which is trying to steer the country away from years of falling prices and slowing spending but reuters chief policy corresponded lake a key hara says it may be too early to start popping corks in tokyo domestic demand contributors did add to growth but the biggest contributor was actually inventory , so a lot of analysts warn against reading too much into the positive g. d. p. numbers so that some g. d. p. data figures might be revised down , %HESITATION when revised data is l. in june japan's growth outperformed both the u. s. and the euro zone from january to march with central bank says big business is still need to spend more and raise wages as a way to reflate the economy long term the latest g. d. p. figures will now go under the microscope at the bank of japan's two day rate meeting starting on thursday officials widely expected to keep the wheels turning on the country's massive economic stimulus plan