Japan GDP Grew For Second Straight Month In October: Think Tank
TOKYO (dpa-AFX) - Japan's gross domestic product increased for a second straight month in October, the Japan Center For Economic Research said in a report on Thursday.
Gross domestic product rose 0.2 percent from September, when the measure increased at the same pace, the monthly estimate from the JCER showed.
In October, GDP growth was led by increases in capital investment and exports, the think tank said.
Residential and private sector capital investment grew 0.7 percent and 0.4 percent respectively. Public investment declined a sharp 1.8 percent.
Private consumption also fell in October, down a modest 0.1 percent, while public spending grew 0.2 percent.
Exports increased 0.2 percent, while imports fell 1 percent.
Copyright RTT News/dpa-AFX