TOKYO, March 9 (Reuters) - Japan’s economy shrank an annualised 7.1% in October-December, worse than the initial estimate of a 6.3% contraction, revised data from the Cabinet Office showed Monday.
The revised figure for gross domestic product compared with economists’ median forecast for a 6.6% contraction in a Reuters poll.
On a quarter-on-quarter basis GDP shrank 1.8% compared with a 1.6% contraction in the initial reading and a median forecast of a 1.7% fall.
For background, please see this POLL
For the full tables on the Cabinet Office’s website:
here (Reporting by Kaori Kaneko; Editing by Chris Gallagher)