The economy grew an annualized real 1.3 percent in the July-September quarter, much slower than the initially reported 4.8 percent expansion, the government said Wednesday, revising its preliminary figures chiefly due to weaker capital investment.
That is the largest downward revision in Japan's gross domestic product since the Cabinet Office began releasing comparable data in the April-June quarter of 2002.
The latest GDP figures show that the economy continued to grow for the second consecutive quarter following its worst recession in decades, but the pace recovery slowed from the previous quarter.