Tag "private inventories."


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Japan’s GDP Reviewed In Third Quarter Using United Nations Standard

Japan’s GDP Reviewed In Third Quarter Using United Nations Standard

🕔December 8, 2016

Japan unexpectedly cut its reading of third-quarter economic growth to an annualized 1.3 percent, from a preliminary estimate of 2.2 percent expansion. The revision was driven by drops in business spending and in private inventories.

The gross domestic product (GDP) expanded just 0.3% in July-September and 1.3% annually, the Cabinet Office said on Thursday in a revised estimate.…

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