(Reuters photo)TOKYO: Japan's economy grew an annualised real 2.5% in the July-September period, revised up from preliminary data and marking seven straight quarters of growth, the longest stretch on record, the government said Friday. It was revised up from a preliminary reading of 1.4% growth, adding to evidence that the world's third-largest economy remains on a steady growth track. The figure corresponded to a 0.6% increase from the previous quarter, the Cabinet Office said, up from 0.3% in preliminary data. Exports grew 1.5% from the previous quarter amid solid overseas demand as the global economy gains traction. A Cabinet Office official said the data confirms the government's view that Japan's economy is "expanding moderately".

Source: Bangkok Post December 08, 2017 05:37 UTC