New calculation methods are to be rolled out from December, the effect will be to add 19.8 trillion yen (just under USD200bn)

The Cabinet Office is implementing a few new methods

Says the Nikkei:

  • Nominal GDP for 2011 reaches 491.4 trillion yen under the new standards -- 4.2% more than the 471.6 trillion yen under the old ones
  • Bumps in value will happen from new treatment of R&D spending, addition of patent fees accounts, and more

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