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Japan's third quarter GDP revised up to annualised 22.9% growth

FILE PHOTO: A woman walks past at a shopping district, amid the coronavirus disease (COVID-19) pandemic in Tokyo, Japan August 17, 2020. REUTERS/Kim Kyung-Hoon

TOKYO (Reuters) - Japan’s economy grew an annualised 22.9% in July-September, better than the initial estimate of a 21.4% expansion, revised data from the Cabinet Office showed on Tuesday, as it rebounded from a COVID-induced recession.

The revised figure for gross domestic product (GDP) compared with economists’ median forecast for 21.5% growth in a Reuters poll.

Reporting by Kaori Kaneko; Editing by Chris Gallagher

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