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

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 KiharaEditing by Chang-Ran ​Kim)