Japan economy grows 2.2% in 2Q on revived consumer spending

By YURI KAGEYAMA
AP Business Writer

TOKYO (AP) — Japan has reported its economy grew at an annual rate of 2.2% in the last quarter as consumer spending rebounded with an easing of pandemic precautions. The of a nation’s products and services, expanded 0.5% from January-March, during which the economy had stayed flat, according to preliminary government estimates released Monday. Economists had forecast 0.6% on-quarter growth. The annual numbers show how the economy would have grown if the quarterly rate were to continue for a year. Private consumption jumped at an annual rate of 4.6%.