Header help text

Start trading with a free $30

There is no better time than now
Your first deposit is on us

Grab your $30 from XM

by ForexNewsNow Team on August 15th, 2010

GDP data: Japan economic growth slows unexpectedly

NEW YORK (Forex News Now) – Japan’s economy grew in the second quarter at a slower pace than forecast, official data showed late Sunday in one of the day’s spotlight FX news events.

The Japanese Cabinet Office said in a report that the country’s gross domestic product, the broadest measure of economic activity, grew 0.1 percent quarter-on-quarter, after downwardly revised growth of 1.1 percent in the first quarter.

Analysts had expected growth of 0.6 percent in the second quarter, two major forex news outlets reported.

By ForexNewsNow Team

This is a general account of the ForexNewsNow Team. It is used to published exclusive content carefully crafted by our experts as well as it is used to bring you the most recent industry highlights from our guest contributors that wish to remain anonymous.

More content by ForexNewsNow Team

Comments (0 comment(s))