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Japan’s second-quarter GDP revised down to annualised 28.1% contraction

September 8, 2020

TOKYO (Reuters) – Japan’s economy shrank an annualised 28.1% in April-June, worse than the initial estimate of a 27.8% contraction, revised data from the Cabinet Office showed on Tuesday.

The revised figure for gross domestic product (GDP) compared with economists’ median forecast for a 28.6% contraction in a Reuters poll.

For background, please see this POLL:

For the full tables on the Cabinet Office’s website:

https://ift.tt/39FBvAk

(Reporting by Leika Kihara; Editing by Chang-Ran Kim)



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Japan’s second-quarter GDP revised down to annualised 28.1% contraction Japan’s second-quarter GDP revised down to annualised 28.1% contraction Reviewed by Riyad on September 07, 2020 Rating: 5

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