Monday, June 11, 2007

Japan's economy again outshines U.S., euro zone

(Reuters) - The economy expanded by 0.8 percent in January-March from the previous quarter, revised up as forecast by analysts from an initial reading of 0.6 percent, on robust growth in capital spending.




On an annualized basis, gross domestic product grew 3.3 percent, up from a preliminary reading of a 2.4 percent rise, the government said on Monday. That was slightly higher than economists' consensus forecast for a revision to 3.1 percent.


Read more at Reuters.com Economic News

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