Japan Q3 GDP revised -2.3% annualized vs -2.0% expected

• The second look at Q3 2025 GDP

• Prelim was -1.8%
• Prior was +2.3% q/q
• GDP q/q -0.6% vs -0.5% expected
• q/q private consumption +0.2% vs +0.1% prelim
• External demand -0.2% vs -0.2% prelim

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