Benchmark
Japan’s Economic Recovery Rivals Past Expansions, Except for Pay
Tepid wage gains and weak inflation are key differences
Photographer: Tomohiro Ohsumi/Bloomberg
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By some measures, Japan’s current run of economic growth shapes up well against booms of years gone by.
A quick glance at gross domestic product data shows six straight quarters of expansion, with a seventh on the way, which would be the best performance since 2001.