Jun 10, 2013

GDP revised up to annual 4.1% in first quarter

The economy grew at an annualized rate of 4.1 percent during the first three months of the year in inflation-adjusted terms, upgraded from preliminary data on the back of an upward revision to business investment.

Economy grew at 3.5% pace in last quarter

May 17, 2013

Economy grew at 3.5% pace in last quarter

The economy enjoys a stronger than expected recovery, growing at a 3.5 percent annual pace as the government stepped up public works spending and eased credit to encourage investment.

Apr 24, 2013

OECD: Specify steps to fiscal health

The Organization for Economic Cooperation and Development put pressure on Japan in a policy proposal issued Tuesday to specify concrete measures to restore the country’s precarious fiscal health, considered the worst among major developed economies. “Given the size and duration of fiscal consolidation, Japan ...

Mar 22, 2013

Key points of U.K. austerity budget

London AFP-JIJI Chancellor of the Exchequer George Osborne announced revisions to economic growth forecasts from the Office for Budget Responsibility. He said the economy is expected to avoid sliding into a triple-dip recession in the first quarter of 2013. The forecast for GDP growth ...

Feb 3, 2013

GDP seen climbing in last quarter of '12: poll

The economy is estimated to have grown for the first time in three quarters in the three months through December, climbing an annualized real 0.6 percent on the back of brisk consumer spending, according to a survey by Kyodo News. The average forecast of ...