Posted inJapanNortheast Asia

Japan 2nd Qtr GDP blows past expectations on strong domestic demand

Japan’s economy grew in the second quarter at the fastest pace in more than two years as consumer spending and capital expenditure both rose at the fastest in more than three years, highlighting stronger domestic demand. Gross domestic product expanded an annualised 4.0% in April-June, government data showed, more than the median estimate for 2.5% […]