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Japan Q4 GDP revised up to slight expansion, economy avoids recession
Macro Matters
Japan Q4 GDP revised up to slight expansion, economy avoids recession
By Satoshi Sugiyama
March 11, 2024 12:51 AM EDT Updated 8 hours ago
TOKYO, March 11 (Reuters) - Japan's economy avoided a technical recession, revised government data showed on Monday, even though the upward change in the fourth quarter was weaker than expected and highlighted concerns about the sluggish economic recovery.
Japan's revised gross domestic product (GDP) expanded at an annualised clip of 0.4% in the October-December period from the previous quarter, better than the initial estimate for a 0.4% contraction, according to the Cabinet Office.
{snip}
Japan Q4 GDP revised up to slight expansion, economy avoids recession
By Satoshi Sugiyama
March 11, 2024 12:51 AM EDT Updated 8 hours ago
TOKYO, March 11 (Reuters) - Japan's economy avoided a technical recession, revised government data showed on Monday, even though the upward change in the fourth quarter was weaker than expected and highlighted concerns about the sluggish economic recovery.
Japan's revised gross domestic product (GDP) expanded at an annualised clip of 0.4% in the October-December period from the previous quarter, better than the initial estimate for a 0.4% contraction, according to the Cabinet Office.
{snip}
