Thursday 25 Apr 2024
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TOKYO (Feb 13): Japan's economy grew at an annualised rate of 1.0 percent in October-December, posting a fourth straight quarter of expansion, led by solid exports and firmer capital expenditure, government data showed on Monday.

The preliminary reading for fourth-quarter gross domestic product compared with the median estimate of 1.1 percent growth in a Reuters poll of economists. It followed a revised 1.4 percent expansion in the prior quarter, the Cabinet Office data showed.

On a quarter-on-quarter basis, GDP rose 0.2 percent, versus 0.3 percent growth expected by economists.

 

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