Japanese GDP Growth Revised Up to 0.9% in Q2


Japan's GDP grew 0.9 percent in the second quarter compared to the previous three months, down from 1.0 percent in the first quarter. The growth rate was revised up from a preliminary 0.6 percent increase due to a marked improvement in capital expenditure.

Private consumption expanded by 0.7 percent supported by spending on food, travel and consumer electronics while capital expenditure was revised up to a 1.3 percent increase from the preliminary 0.1 percent decline. Government expenditure grew by 0.7 percent, public investment by 3.0 percent, exports by 3.0 percent while imports rose 1.5 percent.

Japan's economy grew an annualized 3.8 percent in the April-June period, up from an initial reading of 2.6 percent.


Japanese GDP Growth Revised Up to 0.9% in Q2


Nuno Fontes | nuno@tradingeconomics.com
9/9/2013 9:26:21 AM