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Japan's economy expands annualised 1.8% in April-June - government

Japan's economy expands annualised 1.8% in April-June - government
FILE PHOTO: People cross a junction in front of an electronics retailer in a business district in Tokyo, Japan, May 18, 2016. REUTERS/Thomas Peter/File Photo -
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Thomas Peter(Reuters)
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TOKYO (Reuters) – Japan’s economy grew at an annualised rate of 1.8% in April-June to expand for the third straight quarter, government data showed on Friday.

The preliminary reading for second-quarter gross domestic product compared with a median market forecast for 0.4% growth.

It followed a revised 2.8% expansion in January-March.

On a quarter-to-quarter basis, gross domestic product (GDP) rose 0.4%, the Cabinet Office said, compared with the median forecast of a 0.1% gain.

To view the full tables, go to the Cabinet Office’s website:

http://www.esri.cao.go.jp/en/sna/sokuhou/sokuhou_top.html

(Reporting by Daniel Leussink and Leika Kihara; Editing by Chris Gallagher)

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