Dow Jones Newswires: Japan’s economy grew at slower pace in June quarter than initially estimated


TOKYO — Japan’s economy expanded at a slower pace than initially estimated in the April-June quarter due to weaker-than-expected capital spending, revised government data showed Friday.

The world’s third-largest economy after the U.S. and China grew 4.8% on an annualized basis in the second quarter, compared with the 6% expansion recorded in the preliminary estimate released in mid-August.

The…



Source link

About The Author

Scroll to Top