Monday, April 16, 2007

Japan's Ota aims for better data to calculate GDP

(Reuters) - The cabinet office revises annual GDP data once a year to improve its estimate of the country's economic activity by using more comprehensive data such as industrial statistics as well as changing calculation methods.

"There are reasons behind this, but such a gap is something that cannot be overlooked in looking at the economy," Ota told a news conference.


Read more at Reuters.com Economic News

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