Japan: Economic growth weaker than initially reported

GDP expanded 1.1% over the previous quarter in seasonally adjusted annualized terms (SAAR) in Q3, according to new data released on 9 December. The print is below the 1.9% increase that was reported in the first estimate and marks a sharp deterioration compared to the 3.6% rise tallied in Q2. On an annual basis, economic activity expanded 2.4% in Q3 (previously reported: +2.7% year-on-year).

Read more about Japanese GDP.

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