• Kyodo News


Given the conspicuous plunge in the revised gross domestic product figure, the methodology used for calculating preliminary GDP will be revised, a senior Cabinet Office official said Thursday.

The major revision Wednesday cut the annualized 4.8 percent expansion announced for the July-September quarter Nov. 16 to an annualized rate of just 1.3 percent in real terms after accounting for weaker corporate capital investment.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.