By Daniel Hunter

The Japanese economy grew faster than expected in the first quarter of 2015, boosting hopes that it is rebounding from last year's recession.

Official figures show the economy grew by 0.6% in the first three months of the year compared with the previous quarter, up from analysts' expectations of 0.4%.

Compared with the same period last year, the Japanese economy was up 2.4% against forecasts of 1.5%.

Japan entered a recession last year, but came out of it in the final quarter of the year.

Its economic woes were triggered by a sales tax which hit public consumption, which accounts for roughly 60% of its economy.

Private consumption and capital spending were both up by 0.4%, however capital spending was forecast to rise 0.6%.