Japan second-quarter GDP revised down to 1.3% annualized growth

Japan's economy grew an annualized 1.3% in April-June, less than the initia...

FILE PHOTO: Steam is emitted from factories at sunset in Keihin industrial zone in Kawasaki, Japan February 13, 2017. REUTERS/Issei Kato/File Photo

TOKYO - Japan’s economy grew an annualized 1.3% in April-June, less than the initial estimate of a 1.8% expansion, revised data from the Cabinet Office showed Monday.On a quarter-on-quarter basis GDP expanded 0.3%, compared with a 0.4% growth in the initial reading and a median forecast of 0.3%.Reporting by Daniel Leussink; Editing by Chang-Ran Kim

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