• Japan's GDP expanded 0.3 percent in the fourth quarter of 2016

Market news

8 March 2017

Japan's GDP expanded 0.3 percent in the fourth quarter of 2016

Japan's gross domestic product expanded 0.3 percent on quarter in the fourth quarter of 2016, the Cabinet Office cited by rttnews.

That missed forecasts 0.4 percent and was up from last month's preliminary reading of 0.2 percent. GDP gained 0.3 percent in Q3.

On a yearly basis, GDP was revised up to 1.2 percent from 1.0 percent, although that also missed forecasts for 1.5 percent.

GDP gained 1.4 percent in the three months prior.

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