Business Standard

Japan fourth quarter GDP revised up to annualised 1.1 percent contraction

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Reuters TOKYO

TOKYO (Reuters) - Japan's economy shrank at an annualised 1.1 percent in the final quarter of last year, revised up from a preliminary reading of a 1.4 percent contraction, Cabinet Office data showed on Tuesday.

The revision compared with a median market forecast for a 1.5 percent contraction.

(Reporting by Leika Kihara; Editing by Chang-Ran Kim)

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First Published: Mar 08 2016 | 5:45 AM IST

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