September 8, 2025 10:45 AM
Japan revises Q2 GDP higher on upbeat consumer spending
Japan's economy expanded much faster than initially estimated in the second quarter, driven by upward revisions in private consumption and inventories, giving policymakers some assurance as they navigate political and trade uncertainty. Gross domestic product grew an annualised 2.2% from the previous quarter in the three months through June 30, revised data from the Cabinet Office showed on Monday, up from the 1.0% announced on August 15 and economists' median forecast. While the figures show ...