Japan’s Jan.-March GDP upgraded to annual 1.9% rise
Source: Kyodo News
TOKYO (Kyodo) — Japan’s economy grew an annualized 1.9 percent in the January-March period in inflation-adjusted terms, an upgrade from preliminary data as corporate capital spending fell less than initially thought, the government said Wednesday.
The expansion in real gross domestic product, the total value of goods and services produced domestically, corresponded to a 0.5 percent increase from the previous quarter, the Cabinet Office said.
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