That compared with the government’s initial estimate on Jan. 3 of a 9.1 percent expansion and the median forecast in a Reuters survey of 12.6 percent growth.

Gross domestic product grew 2.9 percent in the fourth quarter from a year earlier, up from the advance estimate of 1.8 percent expansion.

Full-year growth in 2016 was revised up to 2.0 percent from 1.8 percent.

The trade-reliant economy is expected to grow 1.0 to 3.0 percent in 2017, the Ministry of Trade and Industry said in a statement on Friday, keeping its forecast unchanged.

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