Businesses, under government pressure to increase wages to boost household consumption, are struggling to motor on in the face of muted demand. Japan GDP revised down on weak consumptionPrivate consumption, which makes up more than half of the country's GDP, grew 0.3%, the data showed, downgraded from an initial estimate of a 0.5% increase. Consumption of goods was also less solid than previously estimated, the data showed. Domestic demand as a whole knocked 0.3 percentage point from revised GDP growth, slightly more than initially estimated, while net exports added 0.4 percentage point. Reporting by Kantaro Komiya and Eimi Yamamitsu Editing by Chang-Ran Kim & Shri NavaratnamOur Standards: The Thomson Reuters Trust Principles.

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