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Japan's Cabinet Office released its final gross domestic product (GDP) data for Japan late Monday evening. Japan's GDP decreased by 0.3% in the second quarter, up from the preliminary reading of a 0.4% fall, after a 1.0% rise in the first quarter.
Business investment declined 0.9% in the second quarter, while inventories increased 0.3%. Household spending fell 0.7% in the second quarter.
On a yearly basis, Japan's economy contracted by 1.2% in the second quarter, up from the preliminary reading of a 1.8% rise, after a 4.5% increase in the first quarter. The first quarter's figure was revised up from a 3.9% gain.
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