TOKYO (AP) — Japan's economy grew at a 2.5 percent annual pace in July-September, faster than the earlier estimate of 1.4 percent growth, the government reported Friday. The revision issued Friday reflects higher than expected business investment and rising inventories. In quarterly terms the world's third-largest economy expanded at a 0.6 percent pace, twice the original estimate, the report said. Private demand rose 0.3 percent from the previous quarter; the earlier estimate had it flat. A revival in demand across the region and in other major markets has helped breathe new life into Japan's recovery, however, the estimate for the impact of net exports was unchanged in this latest report, at 0.6 percent.

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    Investing.com-- Consumer price index inflation in Tokyo grew substantially less than expected in April, sinking below the Bank of Japan’s annual target and somewhat complicating expectations for a ...
    04/25/2024 - 12:42 pm | View Link
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