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Tag Archives: Japanese Q2 GDP

Second reading of Japanese Q2 GDP shows upward revision

The revised figures mean a slight rise in our 2018 growth forecast. However, external uncertainties remain.The second estimate of the Japanese Q2 GDP coming in at 3.0% quarter-over-quarter annualised in Q2, a significant upward revision from the first estimate of 1.9%. This is Japan’s highest growth rate in nine quarters.The biggest revision was in corporate capital expenditure, which rose by 12.8% year over year (y-o-y) in Q2, according to the latest estimate. It contributed 1.7 percentage...

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