Japan's Economy Barely Grows Amid Weak Consumption

Tokyo (dpa) - Japan's economic growth slowed to an annual rate of 0.2 per cent in the April-to-June period, amid slumping consumer spending, the Japanese government said Monday. The reading was far below the 0.7 per cent growth forecast by analysts surveyed in the Nikkei business daily. Private consumption, which makes up 60 per cent of…