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Economy

Japan's GDP up 0.2% in September: think tank

TOKYO -- Japan's real gross domestic product grew 0.2% on the month in September, according to estimates released Tuesday by the Japan Center for Economic Research. 

The increase marks the first GDP growth in three months. Private consumption rose 0.3%, recovering from August when bad weather put a damper on spending. Capital investment edged up just 0.1%, but is "trending toward improvement" as machinery shipments increase, the think tank said.

Housing investment dropped 1.2%, falling for a third consecutive month.

(Nikkei)

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