Radiocor News

Japan Q1 GDP down 0.5% qtr/qtr; revised to down 1.8% yr/yr

Revised from down 2.0% yr/yr (Il Sole 24 Ore Radiocor) - Tokyo, 10 Jun - In the first quarter, Japan's real gross domestic product contracted 0.5% from the first quarter, in line with the preliminary figure, and shrank 1.8% year on year, revised from down 2.0%, according to the second reading released by the Cabinet Office.

Domestic demand was revised to down 0.1% from down 0.2% and private demand was revised to down 0.4% from down 0.5%.

Private consumption was confirmed at down 0.7% from the earlier three months, while consumption of households was revised to a negative 0.8% from a negative 0.7%. Private non-residential investment was revised to down 0.4% from down 0.8%.

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(RADIOCOR) 10-06-24 08:03:23 (0060) 5 NNNN

 


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