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Reuters poll released on Tuesday showed that Japan's economy may have grown more in the fourth quarter of last year than it initially did because of stronger corporate investment.
However, a series of recent data, such as exports and industrial production, showed weak performance, raising concerns that the decline in global demand and the Sino-US trade war may hinder further improvement in 2019.
According to a survey by 17 analysts, Japan's gross domestic product (GDP) is expected to grow at an annual rate of 1.8% in the October-December quarter, with an initial growth rate of 1.4%.
This is equivalent to a 0.4% increase over the previous quarter, better than the 0.3% increase in the initial valuation.
"We predict that capital expenditure and inventory investment will be upgraded from the initial value," said Kentaro Arita, senior analyst at Mizuho Research. "Even so, the economy only made up for the losses in July and September, and our view of the lack of momentum in the economy has not changed."
The survey shows that capital expenditure is expected to grow by 2.8% in the fourth quarter, higher than the initial growth of 2.4%.
The Japanese Cabinet Office will release GDP data at 8:50 a.m. local time on March 8 (GMT time, March 7, 2350).

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