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Japan GDP Bumped Up To +0.6% On Quarter In Q3

Fri, 8th Dec 2017 00:29

TOKYO (Alliance News) - Japan's gross domestic product was revised up to a seasonally adjusted gin of 0.67% on quarter in the third quarter of 2017, the Cabinet Office said on Friday.

That exceeded expectations for a gain of 0.4% after last month's preliminary reading suggested a gain of 0.3%.

GDP was up 0.6% on quarter in the second quarter.

On a yearly basis, GDP was revised sharply higher to a gain of 2.5% - handily topping forecasts for a gain of 1.5% after showing 1.4% in the preliminary reading.

GDP was up 2.6% on year in Q2.

Copyright RTT News/dpa-AFX

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