1. Japan Q2 GDP revised up to 0.7 % annualised expansion

Japan Q2 GDP revised up to 0.7 % annualised expansion

Japan's economy grew at a 0.7 percent annualised rate in the April-June quarter, revised up from a preliminary reading of a 0.2 percent expansion, Cabinet Office data showed on Thursday.

By: | Tokyo | Published: September 8, 2016 11:03 AM
The revised gross domestic product data compared with the median estimate of a 0.0 percent reading in a Reuters poll of economists. (Reuters) The revised gross domestic product data compared with the median estimate of a 0.0 percent reading in a Reuters poll of economists. (Reuters)

Japan’s economy grew at a 0.7 percent annualised rate in the April-June quarter, revised up from a preliminary reading of a 0.2 percent expansion, Cabinet Office data showed on Thursday.

The revised gross domestic product data compared with the median estimate of a 0.0 percent reading in a Reuters poll of economists.

The figure translates into quarter-on-quarter growth of 0.2 percent in real, price-adjusted terms, against an initial reading of 0.0 percent.

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