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Business / World Business

Japan revises GDP to annual 1.0 PCT growth in Q3

Published: 08 Dec 2015 - 10:02 am | Last Updated: 06 Nov 2021 - 04:38 am
Peninsula

 

Tokyo: The Japanese government on Tuesday revised its assessment on the world's third largest economy's growth in the third quarter of this year to an annualized 1.0-percent in inflation-adjusted terms.
The growth in real gross domestic product corresponded to a 0.3-percent increase from the previous quarter, the Cabinet Office said.
In a preliminary report released November 16, the government said that the country's economy shrank an annualized real 0.8 percent in the reporting period.

QNA