TOKYO (Reuters) – Japan’s economy expanded an annualised 1.2% in the July-September period from the previous quarter, a faster pace than the preliminary reading, government data showed on Monday.
The revised gross domestic product (GDP) figure released by the Cabinet Office compared with economists’ median forecast for a 0.9% rise in a Reuters poll and the initial reading.
On a quarter-on-quarter basis, GDP grew 0.3%, compared with a median forecast and the initial estimate of a 0.2% rise.
(Reporting by Satoshi Sugiyama; Editing by Sam Holmes)
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