Japan Final Q2 GDP Revised Up to 1.4%, Still Below Estimate
Japan's final Q2 GDP rose an annualized 1.4%, up from the preliminary 1.1% but below the 1.8% consensus. Quarterly growth matched expectations at 0.4%.
Japan's final second-quarter GDP grew at an annualized pace of 1.4%, revised higher from the preliminary reading of 1.1%. The result came in below the 1.8% estimate expected by economists.
On a quarter-on-quarter basis, GDP increased 0.4%, matching the consensus estimate. The GDP deflator rose 2.6% year-on-year.
The data presents a mixed picture: growth was stronger than initially reported but still softer than forecasts, suggesting the recovery remains modest.
Source: First Squawk