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Japan's economy grows 0.7 percent in SQ

[09/09/2024 06:13]

TOKYO-SABA
The Japanese economy recorded a growth rate of 0.7 percent during the second quarter of this year, compared to the first quarter, after taking seasonal variables into account, according to data issued by the Japanese government Office.

Japan's economy grew year-on-year at a rate of 2.9 percent in the second quarter, compared to 3.1 percent in the first quarter.

The GDP price index rose in the second quarter by 3.2 percent, while analysts had expected it to rise by 3 percent.