UTV | COLOMBO – Japan has missed the economic targets for the last quarter of 2017.
The preliminary official figures show that Japan’s economic growth slowed in the last three months of 2017.
The world’s third-largest economy expanded at an annualized rate of 0.5% in the quarter, against analyst forecasts of 0.9%.
But it is still the country’s eighth consecutive quarter of growth – the longest streak since the late 1980s.
The GDP figures compare with annualized growth of 2.2% in the previous quarter.
