ECONOMYDECEMBER 8, 2010, 7: 48 PM ET
Tokyo - Japanese Government raised its reading Thursday for the country's economic growth in the third quarter, said consumption and investment in tangible assets proved stronger than originally intended as.
But doubts remain about whether the latest figures become a growing sense of pessimism towards the Outlook for the economy, expected already a contraction help with many economists in the fourth quarter due to the weakening of exports dispel.
Japan's gross domestic product grew an annualised 4.5% during the April-June, the 3.9% increase exceed estimated first a month ago, data from the Cabinet Office published showed.
The GDP grew up 1.1% on quarter compared with the preliminary estimate of a 0.9% increase.
The revised reading was better than median forecast of economists survey from Dow Jones Newswires and the Nikkei for revised 4.1% annualised earnings and increased 1.0% from the previous quarter.
Write toTakashi Nakamichi at takashi.nakamichi@dowjones.com
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