Japan revises down Q2 GDP to annualised 2.9% growth
TOKYO - Japan's economy expanded by 2.9% in the April-June period from the previous quarter, a slower pace than in the preliminary reading, government data showed on Monday.
The revised figure for gross domestic product released by the Cabinet Office compared with economists' median forecast for a 3.2% rise in a Reuters poll and the initial reading of a 3.1% expansion. On a quarter-on-quarter basis, GDP grew 0.7%, compared with a median forecast and the initial estimate of a 0.8% rise.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.would like to remind you that the data contained in this website is not necessarily real-time nor accurate.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asia-Pacific markets mostly climb as Japan's GDP growth beats expectationsTraders in Asia will assess a slew of economic data from the region on Thursday, including from Japan, China and Australia.
Read more »
Japan second-quarter GDP beats expectations, expands 0.8% from previous quarterOn a year-on-year basis, however, the country's GDP fell for a second straight quarter, down 0.8% after having declined 0.9% in the first quarter.
Read more »
Asian shares trade higher after Wall Street rise and Japan GDP data show growthAsian shares are trading mostly higher after the latest update on U.S. inflation came in almost exactly as economists expected, and data on Japan’s economy showed relatively healthy growth. Shares rose in Tokyo, Sydney, Hong Kong and Shanghai. Trading was closed in South Korea for a national holiday. Japan's grew at an annual rate of 3.
Read more »
Asian shares trade higher after Wall Street rise and Japan GDP data show growthAsian shares are trading mostly higher after the latest update on U.S. inflation came in almost exactly as economists expected, and data on Japan’s economy showed relatively healthy growth.
Read more »
Asian shares trade higher after Wall Street rise and Japan GDP data show growthAsian shares are trading mostly higher after the latest update on U.S. inflation came in almost exactly as economists expected, and data on Japan’s economy showed relatively healthy growth.
Read more »
Japan: A rebound in 2Q GDP thanks to recovery in consumption and business spendingJapan’s 2Q24 GDP surprised with the economy expanding more than expected as private consumption and business spending, as well as residential investment and public investments supported growth, offsetting the drags from net exports and net private inventories, UOB Group economist Alvin Liew notes.
Read more »