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RPT-Japan Q3 GDP up 1.4 pct annualised on export growth
November 14, 2017 / 11:55 PM / a month ago

RPT-Japan Q3 GDP up 1.4 pct annualised on export growth

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TOKYO, Nov 15 (Reuters) - Japan’s economy expanded at an annualised rate of 1.4 percent in July-September, posting a seventh straight quarter of expansion led by growth in net exports, government data showed on Wednesday.

That marked the longest period of expansion since an eight-quarter run from April-June 1999 to January-March 2001.

The preliminary reading for third-quarter gross domestic product compared with a median estimate of a 1.3 percent annualised increase in a Reuters poll of economists.

It followed a revised 2.6 percent annualised rate of expansion in the prior quarter, the Cabinet Office data showed.

On a quarter-on-quarter basis, GDP rose 0.3 percent, matching the median estimate.

For more background, see this PREVIEW

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

here (Reporting by Stanley White and Leika Kihara; Editing by Chris Gallagher)

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