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Japan Q3 GDP revised up to 1.8% annualised growth
Japan’s economy grew an annualised 1.8% in July-September, much more than the initial estimate of a 0.2% expansion, revised data from the Cabinet Office showed Monday. The revised figure for gross domestic product beat economists’ median forecast for a 0.7% rise in a Reuters poll. On a quarter-on-quarter basis GDP expanded 0.4%, compared with a 0.1% growth in the initial reading and a median forecast of 0.2% growth.