Japan Revises Q3 GDP Growth to 1.2% Annualized Rate

Stronger-than-expected data highlights economic resilience as policymakers weigh monetary decisions.

Japan's GDP for the July-September period was revised up to an annualized 1.2% growth, exceeding the initial estimate of 0.9%.
The quarter-on-quarter growth rate was adjusted to 0.3%, up from the preliminary 0.2% figure.
The upward revision was driven by improved capital investment and a smaller decline in net exports.
Private consumption growth was revised down slightly, reflecting ongoing challenges in household spending.
The stronger data supports the Bank of Japan's cautious optimism, but uncertainty remains over global trade and domestic recovery sustainability.