Financial Times FT.com

Japan revises third-quarter GDP downward

By David Turner in Tokyo

Published: December 9 2005 03:19 | Last updated: December 9 2005 04:19

Japan’s economic growth slowed in the three months to September, according to revised official figures published on Friday.

Gross domestic product was up only 0.2 per cent on the quarter in real terms, with an annualised rate of 1 per cent. The new figures show that growth has been slower than expected, and significantly lags behind the pace in the first half of the year. The government had previously estimated quarterly growth of 0.4 per cent in the three months to September and 1.7 per cent growth on an annualised basis.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this