TOKYO -- The Japanese government has belatedly set about making its economic data releases more up-to-date, as the country hopes to bring the quality of its statistics more in line with the standards of its peers in the Group of Seven leading industrial nations.
Economy
Japan to revamp economic data amid criticism over GDP
Change to take effect in 2022 expected to reduce frequent wild revisions
Workers at a steel factory in Mie Prefecture, central Japan. Detailed industrial output data will help improve Japan's estimates of its GDP. (Photo by Koji Uema)
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