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RPT-Japan's Q1 GDP expands annualised 2.2 pct
May 17, 2017 / 11:57 PM / 7 months ago

RPT-Japan's Q1 GDP expands annualised 2.2 pct

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TOKYO, May 18 (Reuters) - Japan’s economy expanded at an annualised rate of 2.2 percent in January-March, posting a fifth straight quarter of expansion led by solid exports and private consumption, government data showed on Thursday.

The preliminary reading for first-quarter gross domestic product (GDP) compared with a median estimate for a 1.7 percent increase in a Reuters poll of economists.

It followed a revised 1.4 percent annualised rate of expansion in the prior quarter, the Cabinet Office data showed.

On a quarter-on-quarter basis, GDP rose 0.5 percent, against a 0.4 percent rise expected by economists.

For more background, see this PREVIEW

To view the full tables, go to the Cabinet Office’s website:

here (Reporting by Leika Kihara and Minami Funakoshi; Editing by Chang-Ran Kim)

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