{"id":535192,"date":"2017-05-18T01:52:00","date_gmt":"2017-05-17T23:52:00","guid":{"rendered":"http:\/\/nhub.news\/?p=535192"},"modified":"2017-05-18T04:36:34","modified_gmt":"2017-05-18T02:36:34","slug":"japan-q1-provisional-gdp-shows-fifth-straight-quarterly-gain-at-faster-pace-than-expected","status":"publish","type":"post","link":"http:\/\/nhub.news\/ru\/2017\/05\/japan-q1-provisional-gdp-shows-fifth-straight-quarterly-gain-at-faster-pace-than-expected\/","title":{"rendered":"Japan Q1 provisional GDP shows fifth straight quarterly gain at faster pace than expected"},"content":{"rendered":"

Japan reported provisional first quarter GDP on Thursday that came in higher than expected at a quarterly and annual pace.<\/b>
\nJapan on Thursday said first quarter GDP rose a more than expected 0.5 percent on quarter and 2.2 percent at an annual pace.
A poll ahead of the data by Reuters showed analysts expected a 0.4 percent quarterly gain and a 1.7 percent annual pace. The data showed the fifth straight quarter of growth and the fastest pace since the first quarter of 2016.
«It’s good, but probably we may not see a continuation of this level of growth for the next quarters, » Sayuri Shirai, a former Bank of Japan board member, told CNBC’s «Squawk Box» on Thursday.
She noted that much of the improvement was export-driven, but it wasn’t clear whether that would continue, particularly as demand for autos in the U. S. appeared to be dropping. Real wages also were losing ground, she said.
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