Japan’s Economy Grew Faster than Estimated, Revised Data Show

France24

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The world's fourth-largest economy expanded 0.4% from April to June, the Cabinet Office reported, compared to the preliminary reported 0.3%. Analysts had pointed out that the initial reading could complicate the Bank of Japan's attempts to raise interest rates, in its fight against runaway inflation and the depreciation of the yen. The revised data showed that private consumption and business investment remained weak, although in better conditio…

negocios.com

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Japanese GDP advanced 0.4% quarterly between April and June and 1.4% annualized, while deflator remained at 2.6%, reinforcing the image of an economy that resists better than expected.