TOKYO Dec 8 Japan's economy grew at an
annualised rate of 1.3 percent in the July-September quarter,
revised down from a preliminary reading of 2.2 percent
annualised growth, Cabinet Office data showed on Thursday.
The revised figure compares with the median estimate for a
2.4 percent annualised growth in a Reuters poll of economists.
The figure translates into quarter-on-quarter growth of 0.3
percent, versus a preliminary reading of 0.5 percent growth and
the median estimate for 0.6 percent growth.
The government adopted a new base year for calculating gross
domestic product that led to changes in previous data and made
forecasting revised third-quarter GDP more difficult, economists
The new calculation method, which will include research and
development in capital expenditure for the first time, has been
applied to GDP data going back to 1994.
For more background, see this PREVIEW
To view the full tables, go to the Cabinet Office's website:
(Reporting by Stanley White; Editing by Chang-Ran Kim)