Japan's economy grows annualized 1.4 pct in Oct.-Dec. period

0 Comment(s)Print E-mail Xinhua, February 14, 2019
Adjust font size:

TOKYO, Feb. 14 (Xinhua) -- Japan's economy expanded in the October-December quarter as the country recovered from a slew of natural disasters, the government said in a report on Thursday.

According to the Cabinet Office, the economy in the recording quarter grew at an annualized rate of 1.4 percent.

The figure for gross domestic product (GDP), the total value of goods and services produced in Japan during the quarter, follows a 2.6 contraction in the previous quarter on an inflation-adjusted basis, the government's preliminary figures showed.

Japan's economy expanded a real 0.3 percent on quarter, with private consumption increasing 0.6 percent and capital expenditure rising 2.4 percent.

Net exports, however, weighed 0.3 percentage point on GDP, the Cabinet Office said.

Unadjusted for inflation, GDP grew an annualized 1.1 percent and 0.3 percent on quarter. Enditem

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter