Japan Q2 output gap biggest since 2019 after GDP revision, Cabinet Office says
FILE PHOTO: People are seen at a market street in Tokyo, Japan, January 23, 2017. REUTERS/Kim Kyung-Hoon/File Photo
TOKYO :Japan's output gap in the April-June quarter was upgraded to 0.3 per cent, its largest since July-September 2019, after reflecting a revised gross domestic product (GDP) data, the Cabinet Office said on Tuesday.
The gap was previously estimated at 0.1 per cent as of last month, based on the preliminary second-quarter GDP data, marking the first positive reading since April-June 2023.
Source: Reuters
