Japan Q1 provisional GDP shows fifth straight quarterly gain at faster pace than expected

Japan on Thursday said first quarter GDP rose a more than expected 0.5 percent on quarter and 2.2 percent at an annual pace.

A poll ahead of the data by Reuters showed analysts expected a 0.4 percent quarterly gain and a 1.7 percent annual pace. The data showed the fifth straight quarter of growth and the fastest pace since the first quarter of 2016.

Read more here: http://www.cnbc.com/2017/05/17/japan-q1-provisional-gdp-up-more-than-expected.html

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