June 12, 2003	Thursday	Rabi-us-Sani 11, 1424

TOKYO, June 11: Japan’s gross domestic product (GDP) expanded 0.1 per cent in the three months to March according to revised figures of the earlier reported flat growth, the government said on Wednesday.

The revised data marked quarter-on-quarter growth for the fifth time in a row for the country’s struggling economy in real terms, which provides for adjustments for inflation and seasonal variations, the Cabinet Office said in a revised GDP report.

As a result, the world’s second biggest economy registered real growth of 1.5 per cent in the fiscal year to March 2003, the office said. It added that Japan is expected to hit the official target of 0.6 per cent for the year to March 2004 if GDP can at least register flat growth in the four quarters.—AFP