Japan Q4 GDP seen revised down to +0.5% q/q

TOKYO - Japan’s economy probably grew little more than half as much as initially estimated in the final quarter of last year, economists said on Wednesday, after data showed capital spending fell the most in five years.

By (Reuters)

Published: Wed 5 Mar 2008, 2:54 PM

Last updated: Sun 5 Apr 2015, 1:16 PM

Forecasts for revised October-December quarter gross domestic product figures by 21 economists centred on growth of 0.5 percent from the previous quarter, or an annual clip of 2.3 percent.

That compared with initial readings of real growth of 0.9 percent or 3.7 percent annualised, adding to pessimistic views about Japan’s growth prospects for the coming quarters.

Revised growth figures are due out at 8:50 a.m. on Wednesday next week (2350 GMT Tuesday).

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