Japan revises Q2 GDP up to annualised 1.4% expansion

channelnewsasia.com · economy
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Japan's government revised its second-quarter growth estimate upward, putting the economy on track for an annualised expansion of 1.4%. The second reading came in stronger than the preliminary figures for the April-June period. A firmer result gives policymakers at the Bank of Japan more to weigh as they consider further interest rate increases. Economists will watch upcoming data for signs that growth can hold through the second half of the year.

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