Japan's April-June GDP downgraded to 2.5 pct increase

Source: Xinhua| 2017-09-08 09:06:42|Editor: liuxin
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TOKYO, Sept. 8 (Xinhua) -- Japan's economy grew an annualized 2.5 percent in the April-June period, the government said on Friday, in a downgrade from preliminary data.

The expansion in real gross domestic product adjusted for inflation on a quarter-on-quarter bases was also lower than the preliminary figure after being revised to a 0.6 percent increase, down from a preliminary 1 percent increase.

The government said in a preliminary report released on Aug. 14 that the economy here grew an annualized 4.0 percent in real terms, or 1.0 percent from the previous quarter in real terms.

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