Slow down is at a slower pace than initial readings
Tokyo station: Japan's quarter-on-quarter GDP was flat, compared to earlier forecasts that predicted a slight drop. (Photo by Karina Noka)
TOKYO(Reuters) -- Japan's economy contracted an annualized 0.2% in the January-March period from the previous quarter, a slower pace than the preliminary reading, government data showed on Monday.
The revised figure for gross domestic product (GDP) released by the Cabinet Office compared with economists' median forecast and the initial reading of a 0.7% decline.
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