Business

Japan raises growth estimate for Jan-Mar quarter

By Elaine Kurtenbach
Published June 9, 2014 5:25am ET
Add Washington Examiner on Google
Japan raises growth estimate for Jan-Mar quarter
FILE - In this March 1, 2014 file photo, workers reach for the net at a construction site in Tokyo. Japan raised its estimate of January-March quarter economic growth Monday, June 9, 2014 as investment by companies was stronger than first thought. (AP Photo/Shuji Kajiyama, File) | Shuji Kajiyama

TOKYO (AP) — Japan raised its estimate for economic growth in the January-March quarter as investment by companies was stronger than first thought.

The government said Monday that the economy grew an annualized 6.7 percent in the quarter. The initial growth estimate was 5.9 percent. From the previous quarter, the economy expanded 1.6 percent.

Already a print subscriber? Click here to login/register your account

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.