Tokyo, August 15, 2022, SPA -- Japan's gross domestic product (GDP) expanded an annualized 2.2% year on year in the second quarter of 2022, the dpa quoted the country's Cabinet Office as said in Monday's preliminary reading. That missed expectations for an increase of 2.5% following the upwardly revised 0.5% contraction in the previous three months (originally -1.0%). On a seasonally adjusted quarterly basis, GDP gained 0.5% - again shy of forecasts for 0.6% following the upwardly revised 0.1% decline in the three months prior (originally -0.2%). Capital expenditure improved 1.4% on quarter, beating forecasts for an increase of 0.9% after shrinking 0.7% in Q1. Private consumption was up 1.1% on quarter, missing forecasts for 1.3% after gaining 0.1% in the previous quarter. --SPA 10:31 LOCAL TIME 07:31 GMT 0009 www.spa.gov.sa/w1773032