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TOKYO Discount Miami Heat Jersey , Sept. 8 (Xinhua) -- Japan's economy grew an annualized 2.5 percent in the April-June period with the figure being downwardly revised from a preliminary estimate of 4.0 percent growth, owing to a weaker-than-expected rise in capital spending, data from the Cabinet Office showed on Friday.
The revised GDP figure also missed median market expectations for 2.8 percent growth, with growth in private consumption, a vital driver in the world's third-largest economy, revised down from an initial 0.9 percent to 0.8 percent.
The expansion in real gross domestic product adjusted for inflation on a quarter-on-quarter bases was also lower than the preliminary figure after being revised to a 0.6 percent increase Discount Milwaukee Bucks Jersey , down from a preliminary 1 percent increase.
The government initially said in a preliminary report released on Aug. 14 that the economy here grew an annualized 4.0 percent in real terms, or 1.0 percent from the previous quarter in real terms.
While government officials said the revised data shows that the economy has expanded for a sixth straight quarter, the worse-than-expected figures for corporate capital spending indicates a degree of resistance in companies investing in the short-to-mid-term future, analysts here remarked Friday.
Corporate capital spending rising just 0.5 percent in the April-June period, down from 2.4 percent in the preliminary data, is a testament to this Discount Minnesota Timberwolves Jersey , analysts said.
""Many companies want to invest, but they realize that the potential growth rate is very low, so they don't want to invest excessively,"" Hiroaki Muto, economist at Tokai Tokyo Research Center Co. said previously.
This has had a knock-on effect to wages and the tightening thereof, and household spending Discount New Orleans Pelicans Jersey , both mainstays of the economy, with the figures running somewhat contrary to the government's notion of a ""domestic-led recovery.""
""It's difficult to see Japan switching toward domestic-led economic growth from here, but unless external demand suffers any major declines, a moderate rate of expansion should continue,"" said Atsushi Takeda, an economist at Itochu Corp.
""In terms of external demand Discount New York Knicks Jersey , strength in the yen is a key risk factor,"" Takeda added.
Exports, to this point, dropped 0.5 percent, unchanged from the preliminary data, while public investment increased 6.0 percent Discount Oklahoma City Thunder Jersey , upgraded from a 5.1 percent rise, the Cabinet Office said.
In nominal terms, or unadjusted for price changes, the economy booked an annualized 3.0 percent growth, some way off the 4.6 percent reported earlier.
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WELLINGTON, Sept. 14 (Xinhua) -- New Zealand police and thechief coroner on Thursday reinforced their previous warning tocommunities about the dangerous consequences of using syntheticdrugs.
It comes following the recent deaths of two men aged 22 and 37 Discount Orlando Magic Jersey ,and a 26-year-old woman, all from West Auckland who died inseparate incidents and where the coroner is investigating whethersynthetic drugs were a possible cause of death, according to apolice statement.
""This is not just a problem in Auckland, this is affectingfamilies and whanau (communities) across New Zealand,"" thestatement said.
Detective Inspector Scott Beard is calling on the community totell police who is selling and manufacturing these drugs.
""You may have noticed that we are not calling it syntheticcannabis... It is a dangerous drug that we know is a syntheticcompound usually manufactured overseas,"" Beard said in thestatement Discount Philadelphia 76ers Jersey , adding that those taking it are taking a huge riskbecause ""you do not know where it has come from, or the level ofdosage.""
Chief Coroner Judge Deborah Marshall said that there had been anumber of deaths potentially related to the use of synthetic drugssince a public warning was issued in July.
""Using any illicit drug carries risks, and in the case ofsynthetic drugs, they are known to cause potentially fatalseizures,"" Marshall said.
Detective Inspector Beard said that police have made asignificant number of seizures and arrests across New Zealand andare focused on arresting those responsible for the sale and supplyof the dangerous drugs. Enditem
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