The nation’s gross domestic product in the July-September period grew an annualized 2.6 percent from the previous quarter — more than economists expected. This was a rebound from the 1.6 percent contraction in the previous quarter.
About 1,200 major companies listed on the first section of the Tokyo Stock Exchange saw figures for sales and recurring profits in the April-September period grow an average 8.6 percent from the preceding six months. Net profits increased 19.2 percent. Depreciation of the yen against the U.S. dollar and the euro and strong overseas economies helped Japan’s exports grow 2.9 percent in the third quarter.
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