The economy grew an annualized real 1.0 percent in the April-June period from the previous quarter, revised upward from a preliminary 0.8 percent rise, the government said Monday, underscoring the sustained recovery led by domestic demand.
The growth, measured in terms of gross domestic product, corresponds to a 0.24 percent rise from the previous quarter, compared with the initially reported 0.19 percent gain, for the sixth-straight quarter of expansion, the Cabinet Office said.
Private-sector economists said the slight upward revision of the GDP data was in line with market projections, and that economic recovery is expected to continue in the coming months on brisk capital spending and mild increases in personal spending.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.