Japanese GDP Growth Dissapoints in Q4

Japanese economy expanded 0.3 percent in the last three months of 2013, fourth straight quarter of growth but below market expectations.

Private consumption  which accounts for about 60 percent of the GDP grew 0.5 percent and capital spending increased 1.3 percent.

Housing investment expanded 4.2 percent, the fastest pace since the last quarter of 2011.

Domestic demand contributed 0.8 percentage points to the growth while external demand subtracted 0.5 percent.

The fourth quarter GDP figure translated into an annualised expansion of 1 percent.

Japanese GDP Growth Dissapoints in Q4

Cabinet Office | anna@tradingeconomics.com
2/17/2014 12:14:19 AM