Mehbooba Mufti announces amnesty…

  Jammu: Jammu and Kashm…

'Fools' have accepted formula gi…

  Gandhinagar: Gujarat D…

Meghalaya's revenue collection u…

  Shillong: Chief Minist…

Misty Wednesday morning in Delhi

  New Delhi: It was a mi…

Sub-zero temperatures in Kashmir…

  Srinagar: Night temper…

Hyderabad getting decked up for …

  Hyderabad: With less t…

Bengaluru-Mysuru double rail lin…

  Bengaluru: The 138-km …

Will phase out diesel locomotive…

  New Delhi: Coal and Ra…

Thousands pay last respects to D…

  Kolkata: Thousands of …

Kovind in Manipur amid general s…

  Imphal: President Ram …

«
»
TwitterFacebookPinterestGoogle+

Japan Q4 GDP expands annualised 2.2%, emerges from recession

Facebooktwittergoogle_plusredditpinterestlinkedinmail

Tokyo: Japan’s economy expanded by an annualised 2.2 percent in October-December after contracting for two straight quarters, supported by a pick-up in exports, the Cabinet Office said on Monday.

The preliminary reading for gross domestic product compared with the median estimate of a 3.7 percent expansion in a Reuters poll of economists.

It followed a revised 2.3 percent contraction in the third quarter of last year, when the economy was hit by a sales tax hike.

On a quarter-on-quarter basis, GDP increased 0.6 percent in the fourth quarter.

Leave a Reply

Your email address will not be published. Required fields are marked *

CAPTCHA Image

*