Tokyo, Dec. 8 (Jiji Press)–Japan’s gross domestic product in July-September grew an annualized 2.3 pct from the previous quarter after price and seasonal adjustment, the Cabinet Office said in a revised report Monday. The decline was steeper than the 1.8 pct drop announced by the government agency in a preliminary report last month. In nonannualized terms, the nation’s GDP shrank a revised 0.6 pct in the second quarter of fiscal 2025, compared with the preliminary reading of a 0.4 pct decrease. END [Copyright The Jiji Press, Ltd.]
Japan July-Sept. GDP Down Annualized 2.3 Pct in Revised Report