TOKYO, Feb 16 (Reuters) - Japan’s economy expanded by an annualised 2.2 percent in October-December after contracting for two straight quarters, supported by a pick-up in exports, the Cabinet Office said on Monday.
The preliminary reading for gross domestic product compared with the median estimate of a 3.7 percent expansion in a Reuters poll of economists.
It followed a revised 2.3 percent contraction in the third quarter of last year, when the economy was hit by a sales tax hike.
On a quarter-on-quarter basis, GDP increased 0.6 percent in the fourth quarter.
To view the full tables, go to the Cabinet Office’s website:
here (Reporting by Leika Kihara, Stanley White and Tetsushi Kajimoto; Editing by Chris Gallagher)