Hirunews Logo
Japan+economy+grow+at+fastest+pace+in+3+years
Thursday, 15 May 2014 - 13:05
Japan economy grow at fastest pace in 3 years
21

Shares
2,527

Views
Japan's economy grew at the fastest pace in nearly three years in the first quarter due to increased spending ahead of a sales tax increase on 1 April.

Official data showed GDP rose 1.5% in the January-to-March period, against a revised 0.1% in the prior quarter.

The figure beat forecasts for 1% growth, and was led by consumer spending which rose by 2.1%.
Make a Comment
Make a Comment

DOWNLOAD HIRUNEWS APP ON ANDROID & APPLE