Japan economy slows to 1.4 per cent annualized growth in April-June

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A trailer parks awaiting containers to be loaded at a container terminal in Tokyo Monday, Aug. 13, 2012. Japan\'s economy grew at a slower-than-expected annualized rate of 1.4 percent in April-June, adding to worries over the global outlook, as consumer spending flagged following a rebound earlier in the year from last year\'s earthquake and tsunami disasters. (AP Photo/Koji Sasahara)

TOKYO – Japan reports its economy grew at a slower-than-expected annualized rate of 1.4 per cent in April-June, adding to worries over the global outlook.

The Cabinet office said Monday that growth slowed in the world’s third-largest economy as consumer spending moderated following a rebound in the previous quarter from last year’s earthquake and tsunami disasters.

It said sluggish exports also cut into growth.

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