Japan Q3 GDP Growth Expected to Slow Sharply

Japans third quarter GDP is expected to have grown by a meager 0.3 percent annualized. Weaker private consumption and falling external demand largely offset a rebound in capital spending.

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FILE PHOTO: City skyline and harbour are seen at sunrise in Tokyo, Japan July 24, 2021.

Japan's economy expanded an annualized 0.3% in the third quarter as weak consumer spending and external demand offset capital expenditure gains, a Reuters poll showed on Friday.