Japan's Q4 GDP seen higher on stronger business spending - Reuters poll
|According to the latest Reuters poll of 17 economists, the Japanese economy is seen expanding at a faster pace than previously estimated, in the wake of stronger business investment.
The Japanese Cabinet Office will release the Q4 GDP data on March 7th at 2350 GMT.
Key Findings:
“Gross domestic product (GDP) is forecast to have grown an annualized 1.8 percent in the October-December quarter, the poll of 17 economists showed, up from the preliminary reading of 1.4 percent.
That would translate into a 0.4 percent quarter-on-quarter expansion after the initial estimate of 0.3 percent.
Capital spending was expected to have risen 2.8 percent for the quarter, upgraded from the initial reading of 2.4 percent.”
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