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Japan April-June GDP Revised Downward To 0.6% Growth

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Japan's economy grew in the April-to-June quarter, but not by as much as originally reported.

The government reported Friday that Japan's gross domestic product increased 0.6 percent from the preceding quarter or 2.3 percent in annualized terms.

The growth reported by the Cabinet office was below the preliminary estimate of 0.9 percent on-quarter growth and 3.7 percent annualized growth.

Capital spending was downwardly revised to 4.8 percent on quarter from the initial report of a 4.3 percent decline.

(Market News Provided by RTTNews)

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