A cargo ship and containers are seen at an industrial port in Tokyo, Japan, February 15, 2022. REUTERS/Kim Kyung-Hoon
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TOKYO, Sept 8 (Reuters) – Japan’s economic system grew an annualised 3.5% within the second quarter, higher than the preliminary estimate of a 2.2% enlargement, revised authorities knowledge confirmed on Thursday, supported by strong non-public consumption and enterprise spending.
The revised determine for gross home product (GDP) launched by the Cupboard Workplace in contrast with economists’ median forecast for a 2.9% acquire in a Reuters ballot.
On a quarter-on-quarter foundation, GDP superior 0.9%, in contrast with the preliminary 0.5% studying and a median forecast for a 0.7% rise.
For the complete tables on the Cupboard Workplace’s web site: https://www.esri.cao.go.jp/en/sna/sokuhou/sokuhou_top.html
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Reporting by Daniel Leussink
Modifying by Chang-Ran Kim
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