Japan's fourth quarter GDP seen revised up on stronger business spending: Reuters poll

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Japan's economy likely expanded faster than initially estimated in the four...

FILE PHOTO - A man walks past a factory at the Keihin industrial zone in Kawasaki, south of Tokyo, Japan, August 18, 2016. REUTERS/Kim Kyung-Hoon/File Photo

But a batch of weak recent data such as exports and factory output has raised concerns that weakening global demand and the Sino-U.S. trade war could hamper any further improvement in 2019. That would translate into a 0.4 percent quarter-on-quarter expansion after the initial estimate of 0.3 percent, the poll found.

Capital spending was expected to have risen 2.8 percent for the quarter, upgraded from the initial reading of 2.4 percent, the poll found.

 

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