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Japan GDP stays on growth path in Q4

But private consumption - accounting for roughly 60% of the economy - marks first fall in four quarters

Published Mon, Feb 13, 2017 · 09:50 PM

Tokyo

JAPAN'S economy expanded for a fourth consecutive quarter in the final three months of last year, with gross domestic product (GDP) expanding by one per cent in real or inflation-adjusted terms on an annualised basis.

Coming on the heels of Japanese Prime Minister Shinzo Abe's weekend summit with US President Donald Trump (in which golf figured far larger than debate), the news of continued GDP growth pushed Tokyo financial markets higher.

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