Arab Today, arab today japan\s gdp up for third straight quarter
Last Updated : GMT 17:04:24
Arab Today, arab today
Arab Today, arab today

Japan\'s GDP up for third straight quarter

Arab Today, arab today

Arab Today, arab today Japan\'s GDP up for third straight quarter

Tokio - KUNA

Japan\'s economy grew at an annualized pace of 2.6 percent in the April-June period on the back of a recovery in consumption and exports, the government said Monday. Although the gross domestic product (GDP) expanded for the third straight quarter, the growth was much weaker than the forecast due to weak capital investment and public investment, according to preliminary data released by the Cabinet Office. The weaker data adds to uncertainty about Prime Minister Shinzo Abe\'s sales tax hike plan to restore the country\'s fiscal health. On a quarterly basis, the world\'s third-biggest economy\'s GDP rose 0.6 percent in the three months ended June 30 from the January-March period. \"The April-June GDP figures show the effects of Prime Minister Abe\'s economic policies have been appearing,\" Economy and Fiscal Policy Minister Akira Amari told a press conference after the Cabinet released GDP data. Asked about whether economic conditions support the government\'s planned consumption tax hike, Amari said, \"The GDP, which is one of the factors for making the judgment on the hike, continues to produce good numbers.\" Abe will decide in the autumn whether to raise the sales tax from the current 5 percent to 8 percent next April. In regard to foreign demand, exports, one of the key engines of nation\'s economic recovery, went up 3.0 percent, buoyed by strong automobile shipments to the US on the weak yen. On the domestic front, personal consumption, which accounts for about 60 percent of Japan\'s GDP, grew 0.8 percent, up for the third consecutive quarter, thanks to robust sales of luxury products, clothing and eating out. But corporate capital spending, another key pillar of domestic demand, fell 0.1 percent. The GDP deflator, a gauge of overall price movements, rose 0.1 percent from the previous quarter for the first increase in three quarters, suggesting the Japanese economy is emerging from nearly two decades of deflation. Nominal GDP, which is before adjusting for inflation, grew 0.7 percent on quarter, or an annualized 2.9 percent. GDP is the total value of goods and services produced domestically.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today japan\s gdp up for third straight quarter Arab Today, arab today japan\s gdp up for third straight quarter

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today japan\s gdp up for third straight quarter Arab Today, arab today japan\s gdp up for third straight quarter

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today EasyJet, Lufthansa among seven to bid

GMT 06:49 2017 Tuesday ,17 October

EasyJet, Lufthansa among seven to bid
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Fighters celebrate Raqa victory

GMT 06:07 2017 Wednesday ,18 October

Fighters celebrate Raqa victory
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Sidem reveals plan to improve education

GMT 15:52 2017 Friday ,06 October

Sidem reveals plan to improve education
Arab Today, arab today British actress becomes fifth woman

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman
Arab Today, arab today Climate-disrupting volcanoes helped topple

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes says recalls 400,000 UK cars

GMT 06:56 2017 Tuesday ,17 October

Mercedes says recalls 400,000 UK cars
Arab Today, arab today Britain's Vauxhall to cut 400 jobs

GMT 10:53 2017 Sunday ,15 October

Britain's Vauxhall to cut 400 jobs
Arab Today, arab today Dalal Abdel Aziz happy for “Seventh Neighbor”

GMT 09:31 2017 Monday ,16 October

Dalal Abdel Aziz happy for “Seventh Neighbor”
Arab Today, arab today Three killed, 360,000 without power

GMT 05:11 2017 Tuesday ,17 October

Three killed, 360,000 without power

GMT 12:33 2017 Friday ,13 October

Anoshka happy for reactions to her talk show

GMT 10:37 2017 Thursday ,12 October

Cara Delevingne accuses Weinstein

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 18:49 2017 Monday ,16 October

India to close colonial-era military farms

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 23:42 2017 Monday ,16 October

Better Marriages Make

GMT 07:02 2017 Sunday ,15 October

German minister sparks uproar

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 03:59 2017 Sunday ,15 October

US mobile carriers Sprint, T-Mobile to merge

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday