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Japan avoids technical recession with revised Q3 GDP Updated: 2015-12-08 09:18:47 KST

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저작자 미상 (저작물 2267374 건)

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2015-12-08

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Japan's economy avoided a technical recession in the third quarter‚ with revised data showing its economy grew at an annual one percent. This marks an upgrade compared to a preliminary reading of a zero.eight-percent contraction. Two consecutive quarters of economic contraction are defined a technical recession. The revised estimate shows stronger corporate investment and higher pace of growth in exports. The data also showed Japan's GDP growth for the July to September period was revised up from minus-zero.two percent to zero.three-percent on-quarter. According to experts‚ Japan's economic activity will continue to recover this quarter. Reporter :

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