Associate Partner
Countdown

  • SENSEX
    NIFTY 50
Economy

Japan second-quarter GDP growth beats expectations but trade risks loom

Updated : August 10, 2018 06:50 AM IST

The economy grew 1.9 percent on an annualised basis in April-June, more than the median estimate for a 1.4 percent annualised increase.
Compared with the previous quarter, gross domestic product (GDP) rose 0.5 percent, more than the median estimate for a 0.3 percent increase and after a 0.2 percent contraction in January-March.
Private consumption, which accounts for about 60 percent of GDP, was the biggest contributor to growth in April-June, rising 0.7 percent. That was more that the median estimate for a 0.2 percent increase and marked a rebound from a revised 0.2 percent fall in the first quarter.
Japan second-quarter GDP growth beats expectations but trade risks loom
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV
Advertisement