Japan's GDP growth hits 1.4% on July-Sept performance

Japan's gross domestic product was up a seasonally adjusted 0.3 percent on quarter in the third quarter of 2017, the Cabinet Office said in Wednesday's preliminary reading.

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GDP is expected to rise 0.4% on quarter and 1.5% on year after adding 0.6% on quarter and 2.5% on year in the three months prior.

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Nominal; GDP gained 0.6 percent on quarter - in line with expectations and unchanged from the previous quarter. The figure translates into annualized growth of 1.4%.

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According to the latest government data, the expansion in inflation-adjusted gross domestic product compares with a 0.3 percent increase from the previous quarter. The Westpac index jumped 3.6% in October to a score of 101.4. In September, imports were worth USD12.78 billion and exports were at USD14.54 billion for a trade surplus of USD1.76 billion.

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