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Analysts polled by DailyFx had expected a 3.1% decline.
By the previous quarter, Japan's GDP had fallen 0.9%. Analysts had forecast a decline of 0.8%.
Compared to the third quarter of 2020 the figure fell by 4.1%.
Personal consumption, which accounts for up to 60% of Japan's GDP, fell by 1.3%.
Public investment decreased by 2% in quarterly terms in the reporting period and private investment by 2.3%. Exports decreased by 0.9% in quarterly terms and imports by 1%.
source: reuters.com
By the previous quarter, Japan's GDP had fallen 0.9%. Analysts had forecast a decline of 0.8%.
Compared to the third quarter of 2020 the figure fell by 4.1%.
Personal consumption, which accounts for up to 60% of Japan's GDP, fell by 1.3%.
Public investment decreased by 2% in quarterly terms in the reporting period and private investment by 2.3%. Exports decreased by 0.9% in quarterly terms and imports by 1%.
source: reuters.com
