Tokyo, March 9 (TIWN) Japan's gross domestic product (GDP) in the October-December period of 2021 was revised down to an annualised real growth of 4.6 per cent from the initially reported 5.4 per cent, government data showed on Wednesday.

The increase in real GDP, the total value of goods and services produced in the country adjusted for inflation, equals a 1.1-percent increase on a seasonally adjusted quarterly basis.

The revision for the reported quarter led to a downgraded growth of 1.6 percent of real GDP in 2021, the country's first economic increase since 2018 following a 4.5-percent plunge in 2020.

"Taking into account the latest data related to services, the eating out and railway industries contributed to the downward revision (in private consumption)," according to a government official.

"But the big picture of spending expanding with recoveries in the restaurant, passenger transportation, and auto sectors has not changed," the official said.

The growth in private consumption, which accounts for more than half of the country's GDP, was revised to 2.4 percent from the previously reported 2.7 percent.