Japan Q2 GDP growth revised up to 1.4% annualized
Japan’s economy expanded 1.4% annualized in Q2, per the Cabinet Office second estimate. The upgrade was largely driven by an upward revision to business investment.
TOKYO (dpa-AFX) - Japan's economy expanded more than initially estimated in the second quarter, according to the Cabinet Office's second estimate released Tuesday, with the revision mainly reflecting stronger business investment. 4 percent on an annualized basis in the second quarter.