UPDATE 2-Japan’s economy picks up speed on unexpected surge in capex – Reuters
Chron.com |
UPDATE 2-Japan's economy picks up speed on unexpected surge in capex
Reuters TOKYO, June 9 (Reuters) – Japan's first quarter growth handily beat initial estimates on an unexpected surge in capital spending, fresh signs the world's third-biggest economy is in better shape to weather a hit to consumption from a sales tax hike. Japan Growth Picks Up More Than Estimated on Investment Robust growth lifts hopes for Japan's economy Japan's economy grows 1.6% in January-March: revised data |
