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    16.11.2015 09:20 Japan’s final GDP shrinks 0.2% in the third quarter

    Japan's Cabinet Office released its final gross domestic product (GDP) data for Japan late Sunday. Japan's GDP declined by 0.2% in the third quarter, missing expectations for a 0.1% fall, after a 0.3% decrease in the second quarter.

     

    Business investment fell 5.0% year-on-year in the third quarter, while private consumption rose 2.1%.

     

    On a yearly basis, Japan's economy shrank 0.8% in the third quarter, missing forecasts of 0.2% decline, after a 1.2% fall in the second quarter.


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