Japan Q2 GDP revised up to 3.0 pct annualised growth

11-Sep-2018 Intellasia | Reuters | 6:00 AM Print This Post

Japanese gross domestic product (GDP) expanded at an annualised rate of 3.0 percent in April-June, much faster than a preliminary estimate of 1.9 percent growth issued last month, revised data from the Cabinet Office showed on Monday.

The revised figure also outpaced economists’ median estimate for 2.6 percent annualised growth in a Reuters poll.

On a quarter-on-quarter basis, GDP grew 0.7 percent in real, price-adjusted terms, versus an initial reading of a 0.5 percent expansion and matching a median estimate.

https://www.reuters.com/article/japan-economy-gdp/japan-q2-gdp-revised-up-to-30- percent-annualised-growth-idUST9N1UF01U

 


Category: Japan

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