Japan's revised GDP likely rose in Q2 at same pace as initial estimate: Reuters poll
TOKYO - The Japanese economy likely expanded during the April-June quarter at roughly the same solid pace as initially predicted, a Reuters poll showed on Friday, although risks continue to cloud the outlook.
The revised numbers would translate into a quarter-on-quarter expansion of 0.8%, unchanged from an initial reading. The preliminary data signalled that private consumption, which accounts for more than half of the Japanese economy, rose 1% in the second quarter, marking the first jump in five quarters.
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