9/8, 1:53 AM (Source: TeleTrader)
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Japan's GDP rises by 1.9% in Q2

The gross domestic product (GDP) of Japan surprised investors' expectations in the second quarter of 2021, rising by 1.9% on an annual basis, according to a final report released by the country's Cabinet Office on Wednesay.

The annualized value of goods and services produced by the nation in the three-month period marked an improvement compared to a drop seen in the first quarter of the year, which landed at a negative 3.7%.

The figure was revised upwards compared to the 1.3 percent increase seen in the preliminary report. On a quarterly basis, the GDP improved by 0.5%

Breaking the News / NL