By and  on November 16, 2009

TOKYO — Japan’s third-quarter gross domestic product grew at a faster-than-expected rate, but longer-term concerns about the health of the economy and deflation persist.

Japan’s real GDP rose 1.2 percent in the July-to-September period from the prior quarter, the Cabinet Office said Monday. That figure reflects 4.8 percent growth on an annualized basis for the world’s second-largest economy. Stimulus measures, both in Japan and other countries, are considered responsible for much of the jump.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus