Tokyo: Japan's economy expanded an annualised real 1.8 percent in the January-March quarter, revised down from an initially reported increase of 2.1 percent as capital investment slowed, government data showed Monday.
According to Emirates News Agency, the latest GDP data revealed that capital spending fell 0.7 percent in the three months through March, revised down from a 0.3 percent increase, due to weak investment in software and production machinery.
Public investment saw a slight upgrade, rising to 1.5 percent from a previously reported 1.4 percent increase. Meanwhile, private consumption, which makes up more than half of the GDP, grew 0.35 percent in the quarter, revised up from the preliminary figure of 0.27 percent.
