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Japan fourth-quarter GDP growth revised up, BOJ seen in no rush to exit easy policy

Reuters  |  TOKYO 

By Tetsushi KajimotoTOKYO (Reuters) - Japan's economy expanded more than initially estimated in the last quarter of 2017, thanks to an upward revision of capital expenditure and inventory data, confirming the longest run of growth in 28 years.Global demand for technological products has driven an investment boom in many of the country's high-end sectors, such as autos, semiconductors and precision machinery, mirroring trends seen in other major Asian exporting nations.However, despite the solid growth -- the eighth consecutive quarter of expansion -- analysts say the Bank of Japan is unlikely ...

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First Published: Thu, March 08 2018. 11:19 IST
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