World / Asia-Pacific

Japan economy falls annualized 3.5% in July-Sept

(Xinhua) Updated: 2012-11-12 09:55

TOKYO - The Japanese economy contracted an annualized real 3.5 percent in the three months period from July to September, according to government data released on Monday.

The figure for inflation-adjusted gross domestic product corresponded to a 0.9 percent drop from the previous quarter against the projected decrease of 1.0 percent.  

In nominal terms, third-quarter GDP shrunk an annualized 3.6 percent, corresponding to 0.9 percent contraction from the previous three months.

Consumer spending fell a real 0.5 percent, while corporate capital spending declined 3.2 percent.

Trudeau visits Sina Weibo
May gets little gasp as EU extends deadline for sufficient progress in Brexit talks
Ethiopian FM urges strengthened Ethiopia-China ties
Yemen's ex-president Saleh, relatives killed by Houthis
Most Popular
Hot Topics