Japan’s economy grew at a faster clip than initially thought in the three months through June, regaining the ground it lost during the pandemic and indicating greater resilience as it faces downside risks materializing in the global economy.
Gross domestic product grew an annualized 3.5% in the second quarter from the previous period, revised figures from the Cabinet Office showed Thursday. Economists had expected a 2.9% expansion, compared with an initial reading of 2.2%.
