Japan's economic growth revises up to 3.9 per cent


(MENAFN- Saudi Press Agency) The Japanese economy grew at an annual rate of 3.9 percent in the January-March period, revised up from an initial estimate of 2.4 per cent, due to strong corporate investment, the government
said Monday, according to dpa.

The reading was better than the 2.7-per-cent growth forecast in a
poll of economists by the Nikkei business daily.

The growth in corporate investment jumped 2.7 per cent
quarter-on-quarter, revised up from an initial figure of 0.4 per
cent, the office said.


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