TOKYO – Revised data for Japan‘s fourth-quarter gross domestic product will likely show that the economy avoided a technical recession thanks to companies’ stronger-than-expected spending on plants and equipment, a Reuters poll showed on Friday. October-December GDP is expected to be revised up to show an annualized expansion of 1.1 percent, according to the median forecast of 21
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.