08.12.2017 01:28:38

Japan GDP Bumped Up To +0.6% On Quarter In Q3

(RTTNews) - Japan's gross domestic product was revised up to a seasonally adjusted gin of 0.67 percent on quarter in the third quarter of 2017, the Cabinet Office said on Friday.

That exceeded expectations for a gain of 0.4 percent after last month's preliminary reading suggested a gain of 0.3 percent.

GDP was up 0.6 percent on quarter in the second quarter.

On a yearly basis, GDP was revised sharply higher to a gain of 2.5 percent - handily topping forecasts for a gain of 1.5 percent after showing 1.4 percent in the preliminary reading.

GDP was up 2.6 percent on year in Q2.