Japan Q3 GDP Revised Lower

Japan’s economy grew 0.3 percent in the third quarter from the previous one, revised down from a preliminary estimate of 0.5 percent, data on Monday showed.

On an annualized basis, Japan’s economy grew 1.1 percent, down from an initial reading of 1.9 percent. The data highlights that the recovery in the world’s third largest economy is not yet on solid ground.

Still, analysts said they were not too concerned about the outlook.


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Mingze Wu

Mingze Wu

Currency Analyst at Market Pulse
Based in Singapore, Mingze Wu focuses on trading strategies and technical and fundamental analysis of major currency pairs. He has extensive trading experience across different asset classes and is well-versed in global market fundamentals. In addition to contributing articles to MarketPulseFX, Mingze centers on forex and macro-economic trends impacting the Asia Pacific region.
Mingze Wu