Dec
07
Japan’s 3Q GDP Growth Revised Up to 2.5% on Capital Spending
By-
Upward revision to business investment exceeds expectations
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Drop in private consumption underscores soft consumer demand
Japan’s economy expanded in the third quarter more than initially reported, as the export recovery drove stronger business investment and rising inventories. Private consumption fell, underscoring the divide between external demand and consumer spending…
Japan’s 3Q GDP Growth Revised Up to 2.5% on Capital Spending