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MNI 5 THINGS: Japan Q2 GDP Revised Up on......>

JAPAN: MNI 5 THINGS: Japan Q2 GDP Revised Up on Stronger Capex
- Japan's economy expanded at a much faster pace than initially estimated in the
April-June quarter as business investment turned out to be stronger than
expected, revised (second preliminary) data released by the Cabinet Office on
Monday showed. Backed by solid consumption and business investment, the economy
rebounded in Q2 from a slump in the winter months caused by bad weather. In Q1,
it posted the first contraction in nine quarters, down 0.2% on quarter, or an
annualized -0.9%.
- For full story see MNI Main Wire at 01:28 BST 09/10, or contact us for full
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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