Japan's third-quarter GDP growth weaker than expected

Dec 8, 2016

Japan's third-quarter GDP growth weaker than expected

Japan’s third-quarter GDP was weaker than expected with a 0.3 percent expansion, revised data showed Thursday, as slack corporate spending held back the world’s No. 3 economy. The latest figures were lower than an initial estimate of 0.5 percent growth in the July to ...

Nov 29, 2016

Export gains to help Japan reach 1% GDP growth in 2017, says OECD

Japan’s economy will grow 1 percent next year before slowing to a 0.8 percent expansion in 2018, the Organization for Economic Co-operation and Development said in its latest global economic outlook. A rebound in international trade will help drive Japan’s export growth higher over ...

Oct 15, 2016

Conflicting data blurs China's economic outlook

A mixed bag of Chinese economic data this week has unnerved global markets and clouded the outlook for China’s economic growth, days before the release of the country’s quarterly gross domestic product figures. Global markets rose on Friday after official data showed China’s factory ...

Sep 15, 2016

Japan ranks second-lowest in education spending among OECD countries

Japan’s public spending on education ranked the second-lowest among 33 comparable countries, a report for 2013 by the Organisation for Economic Co-operation and Development found. Narrowly avoiding a repeat of 2012 when it placed last, the report, released Thursday, found the nation’s ratio of ...

GDP revised upward to 0.7% for April-June quarter

Sep 8, 2016

GDP revised upward to 0.7% for April-June quarter

Japan’s economy expanded at a better-than-estimated 0.7 percent annualized pace in the April-June quarter, according to revised data showing private demand was stronger than earlier reported. An earlier estimate put annualized growth in the quarter at 0.2 percent. The economy grew at a 2.1 ...

LDP group to reassess how GDP is compiled

Sep 2, 2016

LDP group to reassess how GDP is compiled

The ruling Liberal Democratic Party will form a group by the end of the month to examine how to best collect and compile economic statistics that are used in key measures including gross domestic product, party lawmaker Yoshimasa Hayashi said. Hayashi, 55, added that ...

Japanese factory output disappoints in July

Aug 31, 2016

Japanese factory output disappoints in July

Factory output stagnated in July from the previous month, data showed Wednesday, in a further blow to the world’s third-largest economy. The lackluster result came after a series of disappointing data, which raised a red flag for an economy that stalled in the second ...