ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Economy

Japan's Q2 GDP revised down to annualized 28.1% contraction

Business investment stalls amid heightened uncertainty

Workers build Toyota cars on an assembly line near Nagoya. (Photo by Koji Uema)

TOKYO -- Japan's economy contracted by a revised 7.9 % in the April-June period compared with the preceding quarter, producing an annualized rate of decline of 28.1%, the Cabinet Office said Tuesday.

A preliminary estimate of a 7.8% contraction had suggested an annualized pace of decline of 27.8%. The revision announced Tuesday factored in new data about business investment.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more