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MNI BRIEF: Japan Q4 GDP Expands Led By Consumption, Investment

(MNI) Tokyo
TOKYO (MNI)

Japan's economy posted the first growth in two quarters for the October-December period, thanks to the recovery of private consumption and capital investment, preliminary data released by the Cabinet Office on Tuesday showed.

Fourth quarter GDP rose 1.3% q/q, or an annualised 5.4% following a revised -0.7% q/q, or an annualised revised -2.7% for the third quarter, see: MNI: Japan's Q4 GDP To See First Gain In Two Quarters-Analysts.

.Private consumption, which accounts for about 60% of Japan's GDP, rose 2.7% q/q. Business investment rose 0.4% q/q. Exports rose 1.0% on quarter in Q4 after falling 0.3% in Q3. Imports fell 0.3% in Q4 after falling 0.9% in the previous quarter.

MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com
MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com

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