Japan's economy expands annualised 2.1% in Q1, above forecast

BY Reuters | ECONOMIC | 07:50 PM EDT

TOKYO, May 19 (Reuters) - Japan's economy grew an annualised 2.1% in the first quarter, government data showed on Tuesday, compared with the median market forecast for a 1.7% gain.

The growth in gross domestic product (GDP) translated into a quarterly increase of 0.5%, which compared with the median estimate for a 0.4% rise. (Reporting by Leika Kihara Editing by Chang-Ran Kim)

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