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Japan's Q2 growth better than expected

This comes on the back of strong domestic demand, but economists are split on whether this is sustainable

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Japan's GDP grew 4 per cent year on year in real terms in Q2. This was the fastest in more than two years and ahead of forecasts of 2.5 per cent. Quarter on quarter, the growth over Q1 was 1 per cent.

Tokyo

THE Japanese economy powered ahead at a rate that was much faster than expected in the second quarter, as domestic demand took over from exports as the main driver of growth.

Analysts are, however, divided on whether the world's third largest economy can sustain this

sentifi.com

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