Japan's gross domestic product advanced 1.0 percent on quarter in the second three months of 2017, the Cabinet Office said in Monday's preliminary reading.
That beat forecasts for a gain of 0.6 percent following the upwardly revised 0.4 percent increase in the three months prior (originally -0.3 percent).
On a yearly basis, GDP surged 4.0 percent - again topping expectations for 2.5 percent and up from the upwardly revised 1.5 percent jump in the first quarter (originally 1.0 percent).
Nominal GDP jumped 1.1 percent on quarter, beating forecasts for an increase of 0.7 percent following the 0.3 percent decline in the previous three months.
The GDP deflator was down 0.4 percent on year, beating expectations for a fall of 0.5 percent after sliding 0.8 percent in Q1.
Private consumption added 0.9 percent on quarter, beating forecasts for 0.5 percent after rising 0.4 percent in the previous three months.
Business spending spiked 2.4 percent on quarter, topping forecasts for 1.2 percent after adding 0.9 percent in the three months prior.
The Japanese economy has now expanded in six straight quarters, the first such streak in more than three years.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.