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Japan's third


Credit: Reuters/Issei Kato


Cranes are pictured at a construction site at the coastal area of Tokyo Bay in Tokyo November 27, 2014.


On a quarter-on-quarter basis, the economy shrank 0.5 percent in the third quarter, against a preliminary reading of a 0.4 percent drop, the Cabinet Office data showed. The result compared with a median market forecast for a 0.1 percent contraction.


Capital expenditure fell 0.4 percent from the previous quarter, more than a preliminary 0.2 percent decline.


(Reporting by Leika Kihara; Editing by Chris Gallagher)


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