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Japan Final GDP Revised Higher In Q2

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Japan's gross domestic product expanded a revised 0.4 percent in the second quarter of 2010 compared to the previous three months, the Cabinet Office said on Friday - topping last month's preliminary reading of +0.1 percent.

On an annualized basis, GDP jumped 1.5 percent - blowing past the preliminary mark that showed a 0.4 percent gain.

Nominal GDP was down 0.6 percent on quarter versus the 0.9 percent decline indicated last month. The revised deflator showed a 1.7 percent decline after posting an initial reading of -1.8 percent.

Capex also saw a big jump, revised up to a 1.5 percent increase from 0.5 percent gain.

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Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.