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CNBC.com |
Gross domestic product in the July-September period of the year rose 0.8 percent from a year earlier, compared with a market forecast of 0.25 percent, returning to growth after three
quarters of annual contraction.
The government revised up its 2009 forecast to a contraction between 2.5 to 2 percent from an earlier forecast of a contraction of 4 to 6 percent.
The country kept its loose monetary policy unchanged on Monday, citing uncertainty over the sustainability of the global recovery, although its economy is recovering from its worst recession.
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