Inflation-adjusted gross domestic product rose at an annual rate of 5.9 percent in the January-March quarter, the fastest since the July-September period in 2011 after the devastating natural disaster on March 11 that year, the Cabinet Office said. The expansion of annualized GDP -- the total value of goods and services produced within a nation -- corresponds to a 1.5 percent advance from the previous three months, the sixth straight quarter of increase, the office said in a preliminary report. Real GDP totaled 535.52 trillion yen in annualized transactions, the biggest since comparable data became available in the January-March period in 1994, an official at the office briefing reporters said.
Posted on: Thu, 15 May 2014 06:14:43 +0000
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