The expansion in real gross domestic product, the total value of goods and services produced at home, corresponded to a 0.2 percent increase from the previous quarter, the Cabinet Office said.
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Japan’s economy barely grew in the April-June quarter, revised data showed Thursday, supplying the latest failing report card for the prime minister’s policy blitz.
It said that the economy grew at 0.7% between April and June, an upward revision of the preliminary reading of 0.2%.
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The Bank of Japan is also reviewing its own lavish monetary stimulus policies and is expected to step up its efforts to combat deflation, possibly later this month.
That is still off a 2.1 per cent annualised growth rate seen in the first quarter of the year.
Exports shrank 1.5 percent, the same as in the initial report, while imports fell 0.04 percent, slightly upgraded from 0.1 percent.
Taken together, domestic demand contributed 0.4 percentage point to growth, versus the initial 0.3 percentage point registered.
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With economic growth having ground nearly to a halt and inflation sliding further away from the central bank’s 2 per cent target, most analysts expect the BOJ to loosen policy this month.
