July September: Percent Gain

july september: That handily beat market expectations for a 0.2 percent gain, which would have been an annualized 0.8 percent, according to The Japan Times. Japan economy contracted in the last three months of 2015 before bouncing back in January-March with a 0.5 percent quarter-on-quarter rise and a tepid 0.2 percent expansion in April-June. The world third-largest economy expanded 0.5 percent between July and September to rack up a 2.2 percent gain in gross domestic product on an annualized basis, the Cabinet Office said. The wobbly growth trend has put Japanese officials under pressure to deliver as economists increasingly write off Prime Minister Shinzo Abe bid to spur a lasting recovery, dubbed Abenomics. But the yen, often bought as a safe haven in times of uncertainty, had been on the upswing since the start of the year, and got a big bump after Britain shock vote to exit the European Union. His spend-for-growth policy boosted stock prices and pushed down the yen, helping Japanese exports. (news.financializer.com). As reported in the news.