Japan has revised its Q2 GDP growth to a stronger 2.2%, up from initial estimates. This improvement is largely attributed to robust personal consumption and improved inventory figures.

• Personal consumption, accounting for over half of GDP, saw an upward revision from a 0.2% increase to a 0.4% rise, driven by higher spending on dining out and software.
• The Cabinet Office confirmed that real GDP has shown positive growth for five consecutive quarters, signaling a moderate economic recovery.
• Despite the positive revisions, business investment was revised downwards from a 1.3% gain to 0.6%, reflecting weaker spending in software and service-related sectors.