BREAKING NEWS

BREAKING NEWS

Japan fourth-quarter GDP revised up to 1.9 percent annualised growth

Japan fourth-quarter GDP revised up to 1.9 percent annualised growth
FILE PHOTO - People cross a street in a business district in central Tokyo, Japan, December 8, 2015. REUTERS/Thomas Peter/File Photo GLOBAL BUSINESS WEEK AHEAD -
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Thomas Peter(Reuters)
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TOKYO (Reuters) - Japan's economy grew at an annualised rate of 1.9 percent in October-December, more than the initial estimate of a 1.4 percent expansion, revised data from the Cabinet Office showed on Friday.

The revised figure for gross domestic product compared with economists' median estimate of 1.8 percent growth in a Reuters poll.

On a quarter-on-quarter basis GDP grew 0.5 percent, versus the preliminary estimate of 0.3 percent growth and economists' median estimate of a 0.4 percent expansion.

(Reporting by Stanley White; Editing by Chris Gallagher)

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