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«AgroInvest» — News — Japan's real GDP growth in Q2 upgraded to annual 3.8 percent

Japan's real GDP growth in Q2 upgraded to annual 3.8 percent

2013-09-09 17:47:14

The Japanese economy increased at an annualized 3.8 percent rate in the second quarter of 2013, upgraded 1.2 percent from preliminary data, local media reported Monday.

According to the Cabinet Office, the April-June growth in real gross domestic product, the total value of goods and services produced at home, was 0.9 percent higher compared with the previous quarter.

The initial report released on Aug. 12 said that the country's economy expanded an annualized real 2.6 percent in the second quarter of this year, buoyed by robust consumer spending and an increase in exports.

 

 

Xinhua