TOKYO :Japan's economy grew a tad slower than initially estimated in the fourth quarter, revised government data showed on Thursday, weighed down by weak consumption and underscoring the fragility of its recovery.
The expansion translates into a flat quarter-on-quarter change, data released by the Cabinet Office showed, against a preliminary reading and economists' estimate for 0.2 per cent growth. Capital spending declined 0.5 per cent, unchanged from a preliminary estimate and comparing with a median market forecast for a 0.4 per cent contraction, despite Ministry of Finance data last week showing an uptick in manufacturers' output capacity.
Source: Financial Digest (financialdigest.net)
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