Japan's April-June growth revised up to 1.4% on smaller investment fall

Japan's economy expanded an annualized real 1.4 percent in the April-June quarter, revised up from a 1.1 percent increase in the preliminary estimate, on a narrower decline in business investment, government data showed Tuesday.In the first full quarter to include the impact of the U.S. war with Iran, real gross domestic product, adjusted for inflation, grew 0.4 percent from the previous quarter, compared with a preliminary reading of a 0.3 percent increase, the Cabinet Office said.The upward revision kept the economy on track for a third consecutive quarterly expansion, but private consump…READ FULL ARTICLE