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Economy

Japan's real GDP grew 0.3% in December: JCER

TOKYO -- Japanese real gross domestic product increased 0.3% in December compared with November, rising for the first time in two months, according to estimates released Monday by the Japan Center for Economic Research.

     Exports climbed 3.3% thanks to the weak yen. Consumer spending edged up 0.1% amid higher spending on fuel, heat and water, as well as furniture and household goods.

     Meanwhile, other areas saw declines. Housing investment slid 0.3%, while capital spending fell 0.1%. Public works spending dropped 1.6%.

(Nikkei)

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