Japan, 4th quarter GDP revised downwards

Japan 4th quarter GDP revised downwards

(Finance) – The estimate of Japan’s GDP in the 4th quarter of 2022 has been revised downwards.

According to theEconomic and Social Research Institute of the Cabinet Office Japanese, the Gross Domestic Product (GDP) in the three months recorded an increase of 0.1% on an annual basis, compared to the +0.6% indicated in the preliminary estimate.

Also on a quarterly basis, Gross Domestic Product was revised downwards to +0.0%, from +0.2% in the preliminary estimate.

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