Japan GDP Q4

by Dramelin 4:30 PM 0 comments

On a quarter-on-quarter basis, GDP rose 0.2 percent, versus 0.3 percent growth expected by economists. It followed a revised 1.4 percent expansion in the prior quarter, the Cabinet Office data showed. Japan`s economy grew at an annualized rate of 1.0 percent in October-December, posting a fourth straight quarter of expansion, led by solid exports and firmer capital expenditure, government data showed on Monday. The preliminary reading for fourth-quarter gross domestic product compared with the median estimate of 1.1 percent growth in a Reuters poll of economists.