Japan's gross domestic product expanded a seasonally adjusted 1.5% on quarter in the second quarter of 2023, the Cabinet Office said in Tuesday's preliminary report.
That blew away expectations for an increase of 0.8% following the upwardly revised 0.9% gain in the previous three months, originally 0.7%, according to dpa.
On an annualized basis, GDP was up 6.0% - again beating forecasts for a gain of 3.1% following the upwardly revised 3.7% increase in the first quarter.
Capital expenditure was flat on quarter, missing forecasts for an increase of 0.4% after climbing 1.8% in the previous quarter. External demand was up 1.8% on quarter and private consumption eased 0.5%.
Source: Bahrain News Agency