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Japan's Q3 2021 GDP revised up to 1.2% growth, fueled by higher investments and exports.
Japan's revised GDP for Q3 2021 shows a 1.2% annualized expansion, better than the initial 0.9% estimate, due to higher capital investment and exports.
Despite this improvement, private consumption and capital expenditures showed slight declines.
The stronger growth has rekindled market expectations for a near-term interest rate hike by the Bank of Japan, though the December meeting remains uncertain.
The upward revision was also partly due to a smaller decline in capital expenditure and a more favorable impact from external demand.
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El PIB de Japón en el tercer trimestre de 2021 revisó hasta un 1,2% de crecimiento, impulsado por mayores inversiones y exportaciones.