Japan January-March growth revised up to 1.0% on-quarter: Govt

Japan`s economy grew much more than initially thought in the first quarter, revised data showed Monday, driven by stronger capital spending.

Japan`s economy grew much more than initially thought in the first quarter, revised data showed Monday, driven by stronger capital spending.

The 1.0 percent expansion in January-March -- or 3.9 percent on annualised basis -- was sharply up from an initial estimate of 0.6 percent growth, according to the Cabinet Office figures.

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